Businessman’s son Michael Smurfit Jr can also be listed as an investor in the most recent tranche of funding
Michael Smurfit pictured at his home on the Okay Club. Photo: Mark CondrenA handful of traders together with Smurfit (above) contributed to the €300,000 haul. Photo: Steve HumphreysTixserve founder Patrick J KirbyTixserve, the digital event ticketing startup, has obtained a contemporary injection of capital from Michael Smurfit.Documents filed with the Companies Registration Office (CRO) present the Kildare firm lately obtained €300,000 in new funding from a handful of traders.Among the backers is Bacchantes Limited, the Isle of Man-based funding automobile of Michael Smurfit, the previous chairman of Irish packaging agency Smurfit Kappa. Michael Smurfit Jr can also be listed as an investor in the most recent tranche of funding.A handful of traders together with Smurfit (above) contributed to the €300,000 haul. Photo: Steve HumphreysSmurfit Sr had beforehand backed Tixserve, which has raised round €3m thus far. The startup has additionally raised funding from Enterprise Ireland.Tixserve didn’t reply to a request for touch upon the funding.The firm is led by Patrick Kirby, a former managing director of Payzone, and develops a software program platform for event organisers and promoters to problem and handle tickets for his or her occasions by means of a smartphone app.Kirby stated late final 12 months that Tixserve was planning to boost a brand new spherical of funding for the corporate of up to €2.5m.Tixserve founder Patrick J KirbyThe startup has scored quite a lot of main sport occasions because it was based in 2015, with its software program managing tickets for main worldwide rugby matches. Most lately it signed a cope with the Hong Kong Rugby Union.Latest accounts filed with the CRO state it does enterprise in Ireland and the UK and “most lately Asia”.Kirby is joined on the firm by Tim Chambers, a former government at Ticketmaster and Live Nation, who’s a director on the Irish firm.Smurfit has additionally backed tech ventures by his members of the family equivalent to GAN, a gaming tech and software program supplier, that up till this week, was led by his nephew Dermot Smurfit Jr.
https://www.independent.ie/business/michael-smurfit-tops-up-stake-in-digital-event-ticketing-start-up-tixserve/a1645723334.html
Michael Smurfit tops up stake in digital event ticketing start-up Tixserve
