Vorwerk and Piton back Dawanda
Venture capital firms Vorwerk Ventures and Piton Capital have led a €4m funding round for e-commerce platform DaWanda.
The capital will be used to accelerate DaWanda's international expansion. The investors were convinced by the business model which combines e-commerce and social community.
Company
Berlin-based DaWanda provides an online platform for unique and handmade products including fashion, jewellery and home items. Currently the business is active on the German, French and UK market. Around 120,000 designers offer over 1.9 million products on the platform. Founded in 2006, DaWanda has around 1.5 million members. The firm employs 62 people.
People
Dirk Meurer is CEO of Vorwerk Ventures.
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