Swiss-Ukrainian “” Raises $6 Million

by Meifan Honcharuk
Tuesday, December 7, 2021
Swiss-Ukrainian “” Raises $6 Million

The Swiss-Ukrainian sports-tech platform "" raised $6 million. The company plans to raise another $500.000 by the end of the year

What is Blocksport is positioned as a sports-tech agency with a focus on video games, e-sports and sports. The main product of the company is App-as-a-Service: a branded mobile application for sports teams, streamers, influencers, federations and leagues. With, customers can monetize fan activity through gamification. offers customers a dedicated branded app. It allows sports teams, streamers, influencers, federations and leagues to monetize fan activity through gamification.'s clients include Virtus.Pro (e-sports club) and the Dynamo Kyiv football club. was founded in 2019 by Ukrainian Vladimir Lyulka and German Semih Kachan. The company has completed 4 acceleration programs: at the CV Labs incubator in Switzerland, the HYPE sports innovation accelerator (London, Tel Aviv), the Swiss Acceleradar by Sportradar and Aves Lair in New York. is headquartered in Switzerland, but the central R&D is located in Ukraine. Today the company employs 15 people.

Investments in

In September 2021, raised $900.000 in a seed round. The company has now raised another $6 million due to a closed token sale (ICO). The round was attended by FBG Capital, NewTribe VCMEXC, LVT Capital, DCI Capital and other investors.

The team's raised funds to direct the development of business for global markets and the search for new employees for the R&D office in Ukraine. Also, the startup plans to raise another $500.000 by the end of the year due to the placement of tokens.


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