Tech Company Financing Transactions
Yuvod Funding Round
Navesink Capital, Palomar Ventures and Enisa invested in a $4.3 million Seed funding round for Yuvod. The financing was announced on 5/29/2023.
Transaction Overview
Company Name
Announced On
5/29/2023
Transaction Type
Venture Equity
Amount
$4,276,000
Round
Seed
Investors
Navesink Capital (Lead Investor)
Palomar Ventures (Lead Investor)
Proceeds Purpose
The company will use the funds to drive our business model in the US and Central Europe, and continue to open up new customer verticals such as one-off events or universities.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Calle Hospital 1 Puerta 11
Valencia, 46001
ES
Valencia, 46001
ES
Phone
Undisclosed
Website
Email Address
Overview
In 2018, there were approximately 600 different streaming platforms with 577 million subscribers. Not surprisingly, both metrics accelerated 22% per year due to Covid-19. Although streaming platforms have become an integral part of our daily lives, the user experience� well, it sucks.Ricardo Tárraga and Jorge Gonzalez saw an opportunity to enhance the user experience by providing every streaming platform with a unique design and advanced technology. With the help of Top Seeds Lab, the Lanzadera accelerator, and investors like Demium Startups, Yuvod was born.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ricardo Tarraga
Chief Financial Officer
Monica Logani
Chief Technical Officer
Jorge González
Co-Founder
Angela Suarez
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