Super Angel Fund True Global Ventures - founded by Venturepreneur and European Business Angel of the Year 2013 - Dusan Stojanovic invests in Stryking in Berlin and Bountysource in Silicon Valley
True Global Ventures along with Investitionsbank Berlin invested €1.3m in Berlin-based start-up Stryking Entertainment. The complete amount of €1.3m will be used to further develop and launch nspyre™. The new technical solution and service enables developers and publishers of free-to-play games to sell real products next to virtual goods within their in-game shops and to integrate consumer brands as part of the gameplay.
Stryking’s new technology and service nspyre™ with its first module, nspyre commerce, offers a shop-in-shop solution which provides the opportunity to sell real products in free-to-play games by implementing an API. The solution offers contextually fitting products to the users who enter the in-game shops and also provides delivery and logistics of the product as well as all other necessary after sale services. In the upcoming months, further functionalities will be added such as advanced targeting options as well as sponsoring, advertising and product placement opportunities for brands.
On the other hand True Global Ventures invested $1.1m in Bountysource together with the company's founder . The funds will be used in scaling developer community and attracting more corporate sponsors.
Bountysource has created an industry first and something open-source projects desperately
need: a community-friendly way to get funding and support. The tech industry relies heavily
on open-source projects and tools, yet developers struggle to get money and attract
volunteers to help with the day-to-day work required to keep projects running. Bountysource
solves this problem by standardizing the funding cycle and creating a vibrant marketplace of
dialogue and collaboration between developers and backers. The model incentivizes users
to support their favorite open-source projects through monetary donations or completing
bounties connected to a project. The company is also working with corporate sponsors, like
Adobe, who have a vested interest in supporting open-source projects, which often serve as
integral parts of a company’s engineering infrastructure.
About True Global Ventures
True Global Ventures is a unique, international, super angel fund formed by more than 30 of the world's leading technology entrepreneurs-turned-super angel-investors. Founded by Dusan Stojanovic, its network consists of more than 350 high tech investments in Sweden, France, Germany, US and China realized prior to forming True Global Ventures. It leverages these personal networks and expertise of its founders to support and accelerate the next generation of superstar companies. It exclusively invests in serial entrepreneurs with global ambitions within the internet, mobile and software sectors in Berlin, Stockholm, Paris, SF-Bay Area, New York, Shanghai, Beijing and Hong Kong.
Besides Bountysource and Stryking, True Global Ventures has invested into Sharespost (Silicon Valley), 4GSecure (Paris acquired by SCCP in Singapore), Polyspot (Paris), Musicxray (New York), Yatedo (Paris), DAD Asia (China).
Do not miss Venture Village interview with Dusan, talking about entrepreneurship, True Global Venutres - his super angel fund and Swedish startup successes.
(Source: press release)