Full Venue, a Lisbon, Portugal-based sports and events company, secured €2 million in seed funding.
SaaS Investors
The investment round was led by GED Ventures Portugal, with participation from business angels José Pinto and Pedro Aguiar, as well as investors like former F1 driver Tiago Monteiro and CEO of SC Fitness Bernardo Rocha Novo.
Founded in 2021, GED Ventures Portugal is the venture capital arm of GED Capital based in Lisbon, Portugal. The firm prefers to invest in early-stage companies operating in the healthcare technology, biotechnology, clean technology, legal technology, retail technology, and food technology sectors.
Full Venue Use of Funs
The company plans to use the funds for innovation, growth, and expanding its presence in various sectors, including football federations and music festivals.
About Full Venue
Full Venue is a sports & events technology company that leverages AI to transform the way companies monetize their audiences. Full Venue focuses on sports and events, offering a product designed for audience monetization by generating audiences for conversion purposes and integrating seamlessly with major marketing communication channels. The company works with several clients around the world, such as the Royal Belgian FA, Liga Portugal, Primavera Sound, MEO Marés Vivas, RealFevr, Splink, FA Wales, Blueticket, Cruzados/Universidad Catolica, Federația Română de Fotbal, Vodafone Paredes de Coura or RFM SOMNII.
Funding Details
Company: Full Venue, LDA
Raised: €2.0M
Round: Seed Round
Funding Month: January 2024
Lead Investors: GED Ventures Portugal
Additional Investors: José Pinto, Pedro Aguiar, Tiago Monteiro and Bernardo Rocha Novo
Company Website: https://fullvenue.ai/
Software Category: Audience Monetization
Source: https://startuprise.co.uk/full-venue-secures-e2-million-in-seed-funding/