Wonnda Receives €1 Million Investment

Wonnda has received €1 million worth of investment. This round was led by Belgian venture capital fund Pitchdrive and Berlin-based IBB Ventures. Then, well-known angel investors and entrepreneurs from the European tech ecosystem participated.

Oliver Allmoslechner, co-founder of Wonnda, said that many of these processes have not changed in 20 years and brands still have to attend physical trade fairs and then depend on inefficient email collaboration. Wonnda plans to continue expanding its manufacturer network and recruiting complementary partners such as packaging suppliers and service providers with the latest investment. The funds will be used to continue developing its platform to better serve the needs of both brands and manufacturers.

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1 Million Euro Support for Wonnda!

Wonnda, founded in early 2022 by Martin Ditzel and Oliver Allmoslechner, aims to bring new products to market by modernizing the way consumer brands and suppliers collaborate. Wonnda combines the elements of a B2B marketplace with an end-to-end workflow tool, positioning itself as an ecosystem where new physical products are created. The platform offers a fully digital product sourcing solution that enables brands and B2B buyers to discover new products, bid and efficiently manage supplier relationships from one centralized point. Manufacturers benefit from a digital showcase where they showcase their production capabilities, receive enquiries or participate in tenders. Wonnda addresses pain points in manual and error-prone product sourcing processes by offering an integrated messaging and project management tool to streamline project collaboration between all parties.

The company has active partnerships with more than 300 factories across Europe in five main product categories. Wonnda selects and verifies its suppliers individually, giving brands access to a selection of trusted manufacturers. More than 3,000 brands and B2B buyers are included in the platform. These include promising startups, fast-growing consumer brands and well-known retailers. Wonnda also validates the buyer side of the platform, enabling all stakeholders to seamlessly collaborate with each other.