MoPowered searches for USD2m as it prepares to list itself

Looking for funding

MoPowered, a London-based mobile shopping company, is looking for a funding round of between USD1.5m and USD2m as it prepares to list itself on the Alternatice Investmetn Market (AIM) next year.

MoPowered, which was first backed by Oxford University, creates mobile websites for clients and counts Waterstones and Jack Jones amongst its clients. MoPowered hopes to float once listed on AIM in the same way as companies such as WANdisco, which saw its share price increase dramatically once listed.

Related reading

Leave a comment