Fever capta 250 millones de dólares en una ronda liderada por EQT

Spanish entertainment technology platform Fever has raised 250 million dollars (217 million euros) in a capital expansion led by EQT and featuring significant investments from Point72 Private Investments, Baillie Gifford, and existing investors. This marks the largest funding round for a technology company focused on culture and live entertainment.

The round comes at a time of sustained growth for Fever, which has multiplied its revenue more than threefold over the past three years while maintaining a positive EBITDA. The capital will be used to expand the company's geographical presence beyond its 55 current countries of operation and strengthen its position in all major categories of entertainment.

Additionally, more investment will be directed towards technology and tools for the company's partner network, including promoters, venues, sports teams, attractions, artists, museums, and cultural institutions, to help predict demand, reach target audiences, optimize ticket sales, and bring formats to new markets. Fever collaborates with numerous world-renowned cultural and entertainment institutions, such as Formula 1, SailGP, X-Games, FIFA Arab Cup, TCE Presents, Kew Gardens, Royal British Museum, Frida Kahlo Museum, Palace of Versailles, National Heritage, Primavera Sound, Rock in Rio, Netflix, and Warner Bros.

For Formula 1 specifically, Fever has signed a new global agreement until 2032, making it the official technology provider for ticket sales and user experience optimization. Fever was valued at over 4.5 billion euros following the 5% stake sale from Atresmedia to British risk capital manager Vitruvian Partners for 227 million euros.

Other significant shareholders in the company include Goldman Sachs, via one of its investment funds, and L Catterton, the capital risk manager for the LVMH group. Fever has already undergone two significant funding rounds in 2022 and 2025, with the first raising 200 million euros and increasing its valuation to over 1 billion euros, and the second bringing its valuation to around 3 billion euros.