🏆 Deal of the Week · CW 44/2022
RealFevr raised EUR 10M in a Seed round in October 2022. The valuation was not disclosed. The round was backed by Siegerlandfonds and Earlybird Venture Capital.
RealFevr — key deal facts
| Company | RealFevr |
| Founded | 2020 |
| Headquarters | Lisbon, Portugal |
| Amount raised | EUR 10M |
| Valuation | Valuation Remains Undisclosed |
| Round | Seed |
| Investors | Siegerlandfonds (https://www.siegerlandfonds.de/) Earlybird Venture Capital (http://earlybird.com/) |
| Sectors | IT |
Who invested in RealFevr?
The Seed round was co-invested by Siegerlandfonds and Earlybird Venture Capital. The combination is notable: Earlybird is one of Europe's most established early-stage venture funds, while Siegerlandfonds brings regional German capital into a Portuguese Web3 sports play. Together, they signal cross-border institutional confidence in RealFevr's GameFi model at an early stage.
What does RealFevr do?
RealFevr is a Portuguese Web3 gaming studio headquartered in Lisbon, Portugal, founded in 2020. The company specializes in sports video NFTs and blockchain-based gaming, operating a licensed Sports Video NFT Marketplace built on BNB Chain. Its ecosystem includes the $FEVR utility token and an upcoming Web3 trading game called FEVR Battle Arena. RealFevr holds licensing partnerships with Liga Portugal and has collaborated with professional athletes including Bruno Fernandes.
RealFevr valuation & multiples
No existing multiples analysis was provided for this deal, and the post-money valuation remains undisclosed, making EV-based ratio calculations unavailable at this time. As comparable benchmarks become available, EV/Sales and EV/EBITDA ranges for Web3 gaming and NFT marketplace peers can be referenced on the relevant IT and gaming sector multiples pages on DealMatrix.
Explore the benchmarks: Seed IT.
Frequently asked questions
How much did RealFevr raise in its Seed?
RealFevr raised EUR 10M in a Seed round in October 2022.
What is RealFevr's valuation?
RealFevr's valuation was not disclosed as part of this Seed round.
Who invested in RealFevr?
The round was backed by Siegerlandfonds and Earlybird Venture Capital.
When was RealFevr founded and where is it based?
RealFevr was founded in 2020 and is headquartered in Lisbon, Portugal.
Source: original announcement — read the full report.