Established in Biarritz in August 2013 by Mariève Bidart, Eric Gagnaire and Mathieu Bidart, Patatam promotes circular economy for children’s wear. The company buys from parents, clothes that no longer fit children and sell them back on its platform.
With 2,500 new products listed every day, the company is currently gaining momentum in the French market. Their products now range from premature babies’ clothes to size 14 and also include shoes, costumes and sport outfits.
Four years after its inception, Patatam announced the closing of a new financing round with the objective to become the leading European e-commerce actor in the second-hand children’s wear.
New investors, in this third financing round, include Groupe Duval, West Web Valley and Swen along with historical investors such as Aquiti Gestion, PG Développement, Kernel Investissements, Herrikoa and Adour Business Angels network. Long-standing business angels, Price Minister cofounders, Pierre Kosciuscko-Morizet and Pierre Krings, alongside BlaBlaCar cofounders Frédéric Mazzella and Francis Nappez, have reiterated their support for the Biarritz based venture and its aggressive European growth plan.
