Existing investors Early Game Ventures and RocaX announced they would participate in the financing round, along with Simple Capital, Netopia Investments, Growceanu and other angel investors. They pledge a total of EUR403,000, while company founders will add EUR150,000 via convertible loans.
Milluu hopes to raise the remaining EUR230,000 on SeedBlink, the biggest equity crowdfunding platform in Southeast Europe. The startup will be listed on SeedBlink Tuesday, February 16.
Milluu was founded and managed by Florin Stoian, an entrepreneur who previously founded StarTaxi and Yellow Menu.
Following the new financing round, the company’s value will amount to EUR4.25 million.