#Pingvalue: Luxembourg Start-Up to Launch Social Marketing Platform Following €1.2M Funding | #SmartCities | Luxembourg (Europe) | Scoop.it

Luxembourg start-up Pingvalue announced on Thursday that it has received financial capital of €1.2 million from a Dutch-based private investment fund to support the growth of its community-based social marketing platform.

The funding, provided by InvestInFuture, will be dedicated to recruitment, software development and marketing of Pingvalue, which is headquartered in Luxembourg. These financial resources will faciliate sequential product launches in citires throughout the Grand Duchy, as well as the wider Benelux region and Europe.

Currently, Pingvalue is presenting its single-platform solution for developing and supporting "smart cities" to relevant candidates, such as Esch-sur-Alzette and Luxembourg in the Grand Duchy; Heerlen in the Netherlands; Ghent in Belgium and Aachen in Germany, with a view to contributing to a sustainable future economy.

"We invested in Pingvalue because of the innovative character of the company and we are convinced that it will have a major impact on our daily life," commented Edgard Creemers, General Manager, InvestInFuture.

"With this contribution from InvestInFuture, along with enthusiastic support from our international and local partners, we are well prepared to launch the Pingvalue platform in Luxembourg this summer," said Luciano Scatorchia, Pingvalue CEO and Founder. "We appreciate this show of confidence and will continue to realise our short- and long-term strategic goals."

Pingvalue's free application enables users to discover nearby events, sights or products vetted or recommended by locals and tailored to their unique profiles, tastes and locations. Businesses and organisations, through free or paid memberships, gain access to engagement methods and real-time data.

 

Learn more / En savoir plus / Mehr erfahren:

 

http://www.scoop.it/t/luxembourg-europe/?tag=Digital+L%C3%ABtzebuerg

 

http://www.scoop.it/t/luxembourg-europe/?tag=StartUps

 

http://www.scoop.it/t/21st-century-learning-and-teaching/?tag=Smart+Cities