Madrid-based QUIXOTIC raised €1.3 million in a seed financing round co-led by Demium and Bynd Venture Capital to develop its cloud-based energy management platform.
Oct 08, 2024•about 1 year ago
Amount Raised
€1.3 Million
Round Type
seed
Investors
AkkaBynd Venture CapitalDemium
Description
QUIXOTIC has closed a seed financing round of €1.3 million to enhance its energy management platform targeted at marketers. The round was co-led by Demium and Bynd Venture Capital, along with support from various international business angels.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers