# Space Entertainment

> Space Entertainment is a VC fund in Boston backing iOS, Apps and Audio. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Boston, United States
- Total investments: 1
- Last investment: Aug 2009
- Lead investor: 0%
- Last updated: Aug 2026
- X (Twitter): http://twitter.com/spaceentboston
- Website: http://spaceentertainment.com
- Facebook: http://www.facebook.com/SpaceEntertainmentBoston/timeline

Space Entertainment is a VC fund in Boston focused on iOS and Apps. Space Entertainment is the brainchild of Boston’s most beloved and inspired elite marketing and promotions impressarios. As the nightlife industry goes, most businesses, let alone partnerships are short lived operations- they open and before you know it, they’ve shut down their doors. Space Entertainment has lived on the other end of that spectrum,started in 1992 by 3 friends who catapulted themselves and their business in to the forefront of Boston nightlife. Today they own and operate Venu and Cure Lounge.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| iOS | 1 | 100% |
| Apps | 1 | 100% |
| Audio | 1 | 100% |
| Mobile | 1 | 100% |
| Android | 1 | 100% |

8 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| The World's Online Festival | Palringo is a community messaging and gaming app for iOS and Android. The platform allows users to send instant messages, play games and to form large groups based on common interests. Launched in 2006, Palringo has more than 40 million installed users worldwide and offers a range of games along with more than 350,000 user created groups, some ofwhich have up to 2,000 members. Headquartered in London, Palringo also has offices in Newcastle, Ipswich, Gothenburg and Helsinki.Users can create and build community groups dedicated to the things they are passionate about, from gaming and entertainment to sports, travel and technology. They can further enhance their experience by using Palringo Credits to purchase virtual products such as rich media sticker packs, Bots and premium groups and accounts. Following the acquisition of Swedish game studio, Free Lunch Design, in 2014 and Tribe Studios in 2015, Palringo champions 'Community Gaming' - the integration of gaming capabilities with its instant messaging platform to create community orientated games. Palringo develops both in-app and external games. | $3.1M |  | Aug 23, 2009 |  |

1 of 1 investments shown.

## Co-investors
- [ePlanet Capital](https://shizune.co/investors/profile/dfj-eplanet-ventures) — VC Fund, 1 deal together
- [Northstar Ventures](https://shizune.co/investors/profile/northstar-ventures) — VC Fund, 1 deal together
- [NTEC](https://shizune.co/investors/profile/ntec) — VC Fund, 1 deal together
- [Prime Ventures](https://shizune.co/investors/profile/prime-technology-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund

## FAQ

### What does Space Entertainment invest in?

Space Entertainment invests primarily in iOS, Apps and Audio startups, most often at Funding Round stage. Most of the 1 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Space Entertainment last invest?

The most recent investment recorded for Space Entertainment closed in Aug 2009. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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