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    Wahanda Secures $5.5 Million From Fidelity Growth Partners Europe

    Mike Butcher

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    Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

    Monday, October 17th, 2011
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    Wahanda, an online health and beauty marketplace, has secured a £5.5m Series B investment round led by Fidelity Growth Partners Europe (FGPE), a pan-European venture and growth equity investor. As part of the deal Davor Hebel, a partner at FGPE, joins the board of Wahanda. This investment makes Wahanda the 800 pound gorilla of this space in the UK, with the opportunity to now build out what is in effect the Open Table for the health and beauty sector. Wahanda last raised a Series A back in 2008 with $2m from Ambient Sound Investment.