BCaster’s first funding round were notable fast. End of the year 2016 funding round were implemented in situation where company had just the idea. Besides that BCaster arouse interest already from the first steps. Company’s pre-seed valuation determined over two million euros and funding were lifted under three weeks from the start of the funding round.
Second funding round’s target is to speed up the product’s developmental work. The second funding round opened at the first week of September and it will be open until mid December. At this moment BCaster’s ownership is hundred percent in Finland.
”We are looking for growth money for our company. During the summer our technology has been tested and our concept’s functionality is proved in action. In addition we are applying the patents. Now it’s time to do investments in development side and open the doors for global markets", tells Janne Neuvonen the CEO of the BCaster.