Scheer Holding has acquired a minority stake in Fanomena, which develops specialised software for the event organisers.
Fanomena, a spinout of Saarland University, has revealed IT holding firm Scheer Holding acquired a minority stake in the company.
Terms of the deal were not disclosed. The investment was made at the end of May, though a press release only emerged this month.
Founded in 2015, Fanomena has developed cloud-based software aimed at the sports event industry. The platform aims to facilitate communication between participants, improve monetisation and allow negotiation over the content of sponsorship packages.
The spinout has not disclosed any other funding rounds.
