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July 18, 2006
France's Wanimo Petshop Pings VCs
Online pet shop Wanimo just raised €2M its first round of VC from Alven Capital and Entrepreneur Venture, reports Journal du Net. As the folks over at Dogster (a community website for dog lovers - a kind of Friendster for puppies) know its a great time to be offering services for pet owners. It is something that the founders of six year old Wanimo know too.
The etailer was launched back in 2000 with about half a million in angel finance. Its founder, Isabelle Vidal, told the JDN that her company now employs five and had a turnover of €2.7M in 2005. It hit breakeven in January and expects to grow by 70 percent this year.
The a:c euro notes that Wanimo was mentioned in a post here about a startup competition in Paris in late April. The JDN report suggests that the firm raised its VC money within a few weeks of that event.
Read - Wanimo lève 2 millions d'euros (Journal Du Net)
Read - Paris Startups With Winning Ways (a:c euro)
Posted on July 18, 2006 06:50 AM | Posted to Venture Capital | eCommerce | Permalink
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