The Festivals Australia program is set to support 14 arts projects across the country with A$630,000 (£360,000/$430,000/€424,000) through its latest funding round. The program supports individual art projects at regional or remote festivals, as well as significant community celebrations. It is run by the Australian Government’s Office for the Arts, which is part of the …
Victorian venues benefit from government grants
The Victorian Government has awarded grants to 131 live music venues across the Australian state to support the return of live entertainment. A number of venues have been awarded grants from the Victoria Live Music Venues Support Program, which took submissions between February and March. Grants of up to A$65,000 (£37,000/$47,000/€44,000) have been awarded to …
Smeetz raises $4m in Series A funding
Switzerland-headquartered Smeetz has today (Tuesday) announced it has raised CHF$4.1m (£3m/$4m/€4m) in Series A funding to grow and establish Dynamic Pricing in the attractions industry. Smeetz, a data-driven ticketing and dynamic pricing software supplier for attractions and cultural venues, will use the funds to develop its human resources and research and development departments. The round …
Gametime secures $30m in fresh funding
Gametime, a platform for last minute game, concert and show tickets, has secured $30m (£25m/€28) in new funding. The round was led by Nimble Partners including the National Basketball Association (NBA)’s Golden State Warriors owner John Burbank, with additional investment by Maven Ventures, Accel, GV, San Francisco Giants principal partner and Vancouver Whitecaps chairman and …
Tech Stack: NFTs, investment and more…
Our weekly tech round-up from the world of ticketing and associated industries… NFT ticketing NFT (non-fungible tokens) platform Afterparty has recently closed a $4m (£3m/€3.2m) funding round to bring total capital raised to $7m. The platform is hoping to use the funding to launch an NFT ticketing platform for artists. Investors include celebrity hotel heiress …
Boomtown creators to launch Amazement Park
Wake The Tiger, set to be the world’s first Amazement Park, is launching a crowdfunder to secure investment for the interactive immersive art experience. The attraction is due to open in the English city of Bristol this summer, and has already secured over £1.5m (€1.8m/$2m) in private funding. Wake The Tiger will be based on …
Morocco-based ticketing platform secures funding
Morocco-based digital ticketing platform Guichet.com has raised $309,000 (£237,000/€281,000) in equity financing. The financing was raised from the 212 Founders programme through CDG Invest, which is the investment arm of Moroccan investment bank, CDG Capital. Guichet.com was founded in 2019 by Moulnakhla Ahmed Tawfik and allows partners to sell and monitor ticketing in real time. The platform is …
Tvg hospitality secures $50m in new funding
Ben Lovett, of Mumford & Sons fame, has announced that his company, tvg hospitality, has closed $50m (£37m/€44m) in new funding to expand in the UK and the US. The Welsh musician is one of the founding members of folk band Mumford & Sons and has established the new hospitality venture with his brother Greg …
Fever raises $227m in Goldman Sachs-led funding round
Live entertainment discovery platform Fever has raised $227m (£169m/€203m) in a funding round led by the Growth Equity business within Goldman Sachs Asset Management. The round has valued Fever at over $1bn and the company has claimed it was the largest ever funding round for a live entertainment tech start-up. While Goldman Sachs Growth led the …
Scotland’s culture and major events sector to receive financial aid worth £65m
Scottish Culture Secretary Angus Robertson has confirmed the culture and major events sector will be supported through a £65m (€77.6m/$87.7m) financial package, amid current COVID-19 restrictions in Scotland. The events sector is set to receive £19.8m while cultural businesses, organisations, venues and grassroots venues, along with independent cinemas, will be given £31.5m. National performing companies that …