Peppy Pals gets pre-seed funded by three local angel investors

Peppy Pals, a Stockholm, Sweden-based startup developing digital educational games for kids, raised SEK 650k ($78k) in pre-seed money.

The backers include three local angel investors - Hampus Jakobsson, Ludvig Linge and Elisabet Nathhorst.

Peppy Pals, founded in 2013 by CEO Rosie Linder, has developed two mobile games for kids. The games have so far 120k downloads, with 20% paying users, at SEK 29 each.