Sign In
NewsRadar

Digital trading card developer VirtTrade secures Mercia funds

12 May 2014 13:42
By Tornado Staff

UK-based VirtTrade has completed second stage Enterprise Investment Scheme (EIS) funding led by Mercia Fund Management.

VirtTrade delivers all the fun mechanics of physical card and sticker collecting and trading. It hopes to make the experience more interactive and engaging by using digital technology. VirtTrade’s trading engine allows users to enjoy live feeds and complete trades globally.

John Howard, CEO of VirtTrade, explains: “The sticker and trading card market is extremely well established, but the current model was not designed for today’s users. VirtTrade makes the traditional trading mechanics ‘live’, and with data changing on demand our technology creates a smarter, more engaging way to trade and collect.”

VirtTrade has previously secured funding from a series of private and professional investors. The latest investment will be used to develop its technology and license the commercial content needed to enhance the product within the next 12 months. It will also extend its team of designers, developers and marketers.



Related stories
€25 million in fresh funds and €449 million valuation for Westwing
French fashion e-tailer Melijoe.com bags €9 million round led by Gimv
VC fintech frenzy continues with deals in 2 working capital platforms
Dutch local borrowing platform Peerby bags €1.7 million
Social media translation startup Reach7 secures second 'seed' round


Up
Data


27,026
Tech investments
From our Online Data Service
17,443
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Nov 25€24.0MInternet commerce
May 30€15.0MBiopharmaceuticals
May 28€15.0MDiagnostics
May 28€1.3MInternet services
May 25€1.0MOther Software
May 22N/AInternet services
May 20€4.3MArtificial Intelligence

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


May 28
Identiq
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
Nethone
nethone raised over $1 million from innovation nest

Mar 31
CompPair
the fit allocates chf 100'000 to comppair technologies

Jan 29
Yumpingo
yumpingo raises $10m to transform guest experiences in restaurants

Oct 1
The Link App
the link app launches version 2.0





About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.