Esports sponsorship analytics firm Cavea raises €1m

Esports sponsorship and audience analytics firm Cavea has raised €1m (~£902,361) from new and existing investors, including additional support from The Danish Growth Fund (Vækstfonden).According to the firm, the investment is expected to ‘consolidate and expand’ its product offering, grow its team, whilst also allowing Cavea to focus on commercialisation.

Photo credit: CaveaCavea’s AI-based sponsorship and advertising platform provides organisations, tournaments, brands, agencies, content creators and streamers with solutions to help manage, collect, track and value marketing content data for all available channels.The company has already attracted interest from a range of esports entities,…