Tech Company Financing Transactions
SIQ Basketball Funding Round
SIQ Basketball, based in Helsinki, secured $3 million from KB Partners and Tera Ventures.
Transaction Overview
Company Name
Announced On
5/18/2022
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
KB Partners (Lead Investor) (Steve Ahern)
Proceeds Purpose
SIQ Basketball will also allocate funds towards technological advancements to the product for increased optimization and gamification in addition to game-changing updates to the AI algorithms within the SIQ app, including the launch of a globally connected leaderboard for uniting SIQ users across the world.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
Undisclosed
Helsinki, 00100
Finland
Helsinki, 00100
Finland
Phone
Website
Email Address
Overview
Founded in 2008 by Finnish pro-baller and data geek Harri Hohteri, SportIQ was born out of a need for more. More information, more understanding, more improvement, more game--the SIQ Basketball gives you all of it. And the more you shoot, the more you get.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Erik Anderson
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