France, Leetchi Raises Funds to Start Up

Leetchi, a Paris, France-based Web service which allows friends to collect and pay the individual share of a collective purchase or donation via credit card, has received a start up financing from Kima Ventures and 360 Capital Partners.
The capital infusion will enable the company, which was launched in November 2009, to develop its activities and hire new professionals.
This is the firts investment for Kima Ventures, a a newly created seed fund which aims to invest in 100 start up companies within the next 2 years.

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