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Amsterdam-based Yummygums, a brand famous for its fruity vitamin gummies, announced on Tuesday that it has raised €1M through a share-funding campaign.
The Amsterdam startup initiated a share-funding campaign last week to raise growth funding, setting a target of €1.3M.
“Share-funding turned out to be the best way for Yummygums to involve their fans and customers even more in the company and they liked it,” the company says in a press release.
Ruben Balian, CEO of Yummygums says, “We often got questions from our community about investing in Yummygums, so we knew there was interest, but we didn’t expect it would go so fast.”