Oxynade, a Ghent, Belgium-based online ticketing self-service platform for event organizers, raised €1.8M from Dutch investor Newion Investments. The Belgian startup provides ticketing technology for fairs, festivals, parties, venue owners, theaters, theme parks, arenas including a complete set of back office services.
Oxynade: expand internationally
Oxynade, founded in 2010, is currently active in 8 countries in multiple languages and currencies. Now, with support from Newion, the startup will further expand internationally. Current participants, early stage fund Arkafund and the Flemish seed and innovation fund Vinnof, will end their shareholding. Newion, a Heerenveen-based investment company, was founded in 2000. Its portfolio companies include known startups such as CustomerGauge, Instant Magazine, L1nda and The Next Ad.