Czech startup Live Penalty obtains EUR 1.9m investment

Published: 21.01.2021 Related countries:  Israel Israel

Investors are betting on the future of the online sport entertainment

One of the growing players in the industry, Czech startup Live Penalty, virtually sends the fans from their couches directly to the football field, where they get a chance to shoot penalties on a real goalkeeper, even from their favorite football team. Live Penalty have already received over 1.9m EUR within the seed investment round from the investment funds JARO Capital and J&T Ventures, and and currently they are raising another 1.4m EUR. Most of the resources are aimed for the development team, which needs to be substantially strengthened in order to meet its global ambitions.

"Live Penalty is a tool which connects the sport and digital worlds. Our goal is to get the world’s best football teams and goalkeepers for the game", explains Pavel Kacerle, the „captain“ of the startup.

Live Penalty are expected to get from football to other sports as well.

Sources: Forbes CZ, Czechcrunch.cz

Prepared by the team of CzechTrade/CzechInvest Israel