Yope raises $12.3M to build a private social network without algorithms or ads

TechCrunch
Startup Yope has secured $12.3 million in seed funding to develop a private, algorithm-free, and ad-free social network focused on micro-communities.

Summary

Yope, a startup building a private social network centered on micro-communities, has raised $12.3 million in a seed round led by Northzone. The platform operates without public feeds, algorithms, or ads, aiming to provide a safe space for real-world friends to share content, message, and play games. With nearly 15 million registered users, the company plans to use the new funding to grow its team, establish a U.S. office, and further develop its product.

(Source:TechCrunch)