DaWanda GmbH, a Berlin, Germany-based online marketplace for handmade items, has raised €4m in funding.
Backers include Vorwerk Direct Selling Ventures, the corporate venture capital fund of the Vorwerk Group, and Piton Capital.
The company intends to use the capital to continue to grow and expand internationally, firstly in France.
Founded in 2006 by CEO Claudia Helming, DaWanda provides a connecting point for item designers and buyers interested in handmade fashion, jewellery and home items. It features around 120,000 designers who offer over 1.9m products for sale, with ca. 20,000 new products added daily.
FinSMEs
14/12/2011