Finnish Wauwaa has raised 220,000 euros from private investors and a further 100,000 euros from Tekes, the Finnish Funding Agency. The investment round was led by two US investors, Peter Briger and Michael Pierce and followed by investors from Europe. The company is now valued at 2 million euros.
Wauwaa created by parents, for parents, is based in London and Helsinki and aims to provide an online community for parents to find information, multimedia content, and event-based e-commerce sales.
Read article about the company: www.arcticstartup.com/wauwaa