Augment Partners acted as advisor to njuice AB (SQUID) on its recent equity financing that will be used for marketing as well as further development of the application.
SQUID is the first news aggregation app built for millennials. The goal of the app is to make relevant news readily available, offering a wide range of topics that let users select and create their personalised news feeds. SQUID’s unique algorithms gather news automatically from the best sources on the on the web.
The app is launched several European countries. In every country, the users can read local and global news in their language but also switch quickly between countries to practice reading skills in the second language for example.