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Qemistry: The next-gen dating app from London is a cross between Tinder and TikTok

Qemistry founders
Image credits: Qemistry

The world is moving towards a new normal in the aftermath of the COVID-19 pandemic. This entails changing various aspects of our lives with dating being one of them. However, while the world moves on, dating apps seem to be stuck in time. London-based next-generation dating app startup Qemistry is all set to change it and has announced a £250,000 fundraise on Crowdcube. 

Funding details

Qemistry has listed its crowdfunding round online, which you can take a look at here. The target is set at £200,000 but the startup has already raised over £185k with 77 investors onboard at the time of writing this article. 

In a conversation with UKTN, the company’s co-founder and COO, Emma Clark, reveals that the company has already spent some of the funds raised as part of this round, which bumped up its pre-money valuation that currently stands at a notable £1,286,646. This also led to a reduction of the listed goal from £250k to £200k. The company expects to raise its targeted funding amount much sooner than expected. These funds will be utilised for marketing. ...