Botello was spunoff from Serendipity

Botello, a Stockholm, Sweden-based startup aiming to provide prop tech services, announced in a press release setting up shop with a capital funding of SEK 10 million ($1M).

The money was provided by Spartacus Capital.

Botello is led by CEO Keyvan Houshmand, who also leads Serendipity's real estate investment business, S. Property Group AB