Mowjow, a London based social gaming company that is creating innovative money games for mobiles and tablets, is pleased to announce that over the past weeks it has secured €600,000 in financing from its initial investor base.
In order to initially fund the company, Mowjow developed its own proprietary crowdfunding system, whereby investors were invited to participate in the early funding of the company and also to invite others to participate. The program was deemed a major success.
“This successful funding process now affords Mowjow the opportunity to focus over the next 45 days on the global launch of its unique social money game and proceed with it‘s upcoming public listing“ states Andreas Christensen, Founder, Chairman & CEO of Mowjow.
“We are certainly pleased with our stakeholder interest to date and the fact that we have gained more than 400 initial shareholders“ adds Christensen.
Christensen also states “We are now entering a new 45 day phase where we will be diligently finalizing plans for the launch of the game and the listing of the company and in doing so will enter a deemed “quiet period“, which will limit the amount of information we disseminate to public“.
London, October 14, 2013
Founder, Chairman & CEO
Mowjow is based in London, with development teams and operations in several locations within Europe and the US. The Norwegian entrepreneur Andreas Christensen founded Mowjow in 2008.
