MADMONQ raised €500k in seed financing from AdRock Ventures
MADMONQ, a Prague, Czech Republic startup producing food supplements, announced raising €500k ($600k) in a pre-seed funding round.
The money was raised from local investors led by AdRock Ventures, joined by poker player Bertrand Grospellier, Twitch streamer Lex Veldhuis, content creator Radek Starý, Lukáš Křítek, and entrepreneur Vojta Roček.
Proceeds will be used to expand business the product portfolio.
MADMONQ, founded in 2017 by CEO Michal Noga and Petr Andrýsek, developed a food tablet that aims to become a part of any gamer’s routine, by helping enhance the energy and focus level. The tablet is a chewable supplement comprised of organic caffeine, tea extracts, non-essential amino acids, adaptogenic herbs, and other nutrient-dense ingredients.
Prior to this round, MADMONQ was bootstrapped.