Real Madrid CF: partnership with FundingBox to "fund and develop innovation projects for start-ups"

Real Madrid Next, an initiative launched in January 2020 by Real Madrid CF (LaLiga Santander) to develop its innovation projects, has entered into a partnership with FundingBox, a fundraising platform, "for the funding and development of European innovation projects for start-ups," announced the club on 30/07/2020.

The two partners plan to raise up to €9m over the next three years. "FundingBox will invest up to €4.5 million in the start-ups involved in the programme and will help them to secure additional funding from other capital risk funds. For its part, Real Madrid will offer the start-ups its resources and knowledge in the running of the innovation projects. It is predicted that this combined effort between the start-ups and Real Madrid will amount to a further €4.5 million," continued the 2019-20 Spanish champions.

"As many as 30 innovative companies will join forces with Real Madrid and FundingBox to improve on-field performance levels, the spectacle and relationships with the club's supporters and the sports industry across the following technological fields: e-health…