Startup Wise Guys invests in AI startup Breakevent
Estonia-based Startup Wise Guys has become one of the investors to invest €876K in Madrid-based startup Breakevent, an AI platform for the music industry.
Other investors in Breakevent include Archipelago Next, WA4STEAM, and several well-known business angels such as Miguel Echenique from AltamarCAM Partners. The startup has also received financial support from the Spanish Ministry of Culture.
Breakevent is an AI platform for the music industry that predicts the success of live music events. It is founded in 2019 in Madrid, Spain by Lucia Martinez Prado. With the money received in the funding round, Breakevent plans to develop an AI agent to analyze data relevant to the music industry.
Launched in 2012, Estonian Startup Wise Guys is an accelerator that invests in early-stage startups from the Baltic, Central European, and African regions. Startup Wise Guys typically invests up to €500K per startup through multiple funds that manage €45M and are backed by more than 150 investors. The CEO is Сristobal Аlonso.