In a strategic move aimed at supporting high-growth businesses in their global expansion endeavours, Seamless, part of the Sannam S4 Group, has entered into a partnership with Astel Ventures. The collaboration, initiated in the early months of 2023, is already making waves.
Astel Ventures, founded in 2020, has carved a niche for itself by offering founders and investors cutting-edge tools to streamline and enhance their fundraising processes. Leveraging Artificial Intelligence, Machine Learning, and API integrations, the organisation goes beyond conventional services by making strategic investments in the companies it supports, aiding them in achieving international growth.
Muboriz Muborakshoev, CEO of Astel Ventures, expresses optimism about the partnership. “Astel Ventures’ mission is to support its clients in achieving their funding objectives but we also want to support those organisations on the journey. We have a variety of partners that provide support in areas such as recruitment, domestic accounting and, in this case, global expansion. This allows us to support our partners on their value creation journey.”
Ed Dixon, Executive Director, UK, Seamless, sheds light on the role Seamless will play. “As part of the journey with Astel Ventures, we are not just a partner; we act as their global expansion support arm. When Astel Ventures identifies a prospective business, we step in to explore their international ambitions and what support they might need.”
The genesis of this collaboration involved a pilot phase, demonstrating the commitment of both parties to ensuring a mutually beneficial partnership. Ed explains, “Our initial phase involved conversations to identify businesses that align with our shared vision. The pilot phase is crucial in determining the feasibility of a more extensive collaboration, and we are now amid this exciting venture.”
Muboriz Muborakshoev, CEO of Astel Ventures, expresses optimism about the partnership. “Seamless brings a wealth of experience and expertise to the table, particularly in supporting high-growth scale-up businesses. This collaboration is pivotal for us as we strive to offer value-added services to organisations looking to expand globally. We are confident that this partnership will not only benefit scale-up companies we work with, our portfolio companies but also open up new avenues for seamless global growth.”
As the partnership unfolds, it is poised to reshape the landscape for scale-up businesses seeking international expansion. The combined strengths of Seamless and Astel Ventures create a powerhouse for growth.