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May 02, 2007

Europe's Answer To SecondLife Taatu Looking to Raise €5M

taatulogo.jpg
Two year old Taatu, a Belgian animated chat and virtual world, is seeking €5M to €7M to grow its online reach, according to a Belgian newspaper. The company mentions breakeven in its pitch.

We suspected something was afoot because of an uptick in the number of hits we're getting on earlier stories on this startup and so we decided to do a little digging.

taatu.png
Sure enough, a couple of weeks ago one of the startup's shareholders Yannick Bollati - who posted this cool photo of himself on Flickr - confirmed to Tijd.be that the startup is in fundraising.

Editor's note: One of the benefits of having a blog that covers startups is that we get a pretty good idea of which ones are hot by the number of Google searches that land on our pages from folks looking for info about those startups or from kids trying to find hacks for Stardoll and Habbohotel (a lot!). In fact, following up search strings is one way we get our scoops, dontcha know.

Taatu's co-founder Jean Philippe Dumont has a Linkedin profile is here .

Read - Taatu wil 5 tot 7 miljoen euro ophalen (tijd.be)
Read - More Habbo Clones in Europe (a:c euro)
Read - Taatu Launches (a:c euro)

Posted on May 2, 2007 10:08 AM | Posted to Web 2.0 | Permalink

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