ChilliConnect secures £343k in seed funding from TechStart Ventures and Ascension Ventures to expand its team and accelerate product development.
The seed round was led by TechStart Ventures and supported by Ascension Ventures alongside angel investors.
ChilliConnect provides a software as a service platform designed to manage live games. The company offers developers and publishers tools for analytics, backend services, and live operations.
ChilliConnect has secured £343k in seed funding from TechStart Ventures, Ascension Ventures, and existing angel investors. The capital will be deployed to expand the development team and strengthen sales and marketing efforts.
The company was established in 2016 as a spinout from a game development studio. Its platform provides a single toolkit for game operations, analytics, and backend support, serving a global client base.
Leadership noted that the injection of capital will accelerate platform feature development and broaden customer outreach. The backing from early stage specialists is expected to support the firm in scaling its market position.
From the founder
"We are delighted to close this Seed round. Not only will this investment allow us to accelerate the development of the ChilliConnect platform, developing innovative live operations and game backend features, but we can now market the platform to an even larger range of potential customers. Having access to the knowledge and networks of both TechStart Ventures and Ascension Ventures is a massive benefit. We’re looking forward to working with these top drawer early-stage funds."
Paul Farley
CEO and Co-founder at ChilliConnect
Use of funds
- 01Grow the team
- 02Continue product development
- 03Invest in sales and marketing
Investors
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About the company
ChilliConnect
ChilliConnect provides a live game management platform for developers and publishers.