Fungiball raised a Pre-Seed Round for 2,400,000 USD in October, 2024.
Fungiball, a fantasy tennis platform, has raised €2.2 million in pre-seed funding. The round was led by business angels Adrien Dassault and Stephan Altmuller, with additional support from Cliff Capital and BPI France. The funds will be used to expand the platform’s technical team, enhance user experience, and introduce new features such as free-to-play modes and fiat payment options. Fungiball also aims to expand internationally, particularly in North America. Additionally, tennis stars Daniil Medvedev and Alexander Zverev serve as brand ambassadors, boosting the platform's visibility.
Fungiball was developed to merge fantasy sports with the world of tennis, providing fans with a unique and engaging way to interact with the sport. The platform offers users the ability to build fantasy teams, make predictions, and compete in virtual tournaments, with the goal of making tennis more interactive for a global audience. With this funding, Fungiball is positioned to expand its offering and further grow its user base, particularly in new markets.
The lead investors, Adrien Dassault and Stephan Altmuller, have expressed confidence in Fungiball’s potential to make a significant impact in the sports tech space. Their investment, along with that of Cliff Capital and BPI France, reflects the growing interest in sports-based digital platforms that leverage fantasy elements to attract users. With the €2.2 million in pre-seed funding, Fungiball will continue its mission to enhance fan engagement in the world of tennis.