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Words with Friends Co-Founder raises $46M to launch Web3 game franchise

Retrieved on: 
Tuesday, June 14, 2022

MCKINNEY, Texas, June 14, 2022 /PRNewswire/ -- Today, Playful Studios, creator of the Lucky's Tale game series and Creativerse, is proud to announce the formation of a new subsidiary, The Wildcard Alliance, Inc., focused on the development of breakthrough interactive entertainment on the emerging frontier of Web3 technology. The Wildcard Alliance has successfully raised $46M in a Series A led by Paradigm, a firm known for backing disruptive crypto and Web3 companies and protocols, with additional support from Griffin Gaming Partners and Sabrina Hahn.

Key Points: 
  • The game is the brainchild of Paul Bettner, veteran video game developer renowned for developing games including Age of Empires, early VR hit Lucky's Tale as well as co-creating the wildly popular, "Words with Friends".
  • With a penchant for exploring and harnessing new technology, Bettner is now entering the world of Web3 gaming, intending to create an engaging game franchise with fun at its core.
  • "Despite this opportunity, the current focus of Web3 game development tends to be on finance over fun, economy over engagement, currency over community.
  • Paradigm's investment in The Wildcard Alliance underscores a shared belief that interactive entertainment will be a primary driver of growth in Web3.

SuperTeam Games Raises $10 Million to Create Sports Games Enhanced by Blockchain Technology

Retrieved on: 
Thursday, June 9, 2022

Independent games studio SuperTeam Games has raised $10 million in its first round of funding to develop cross-platform sports games that utilize blockchain technology.

Key Points: 
  • Independent games studio SuperTeam Games has raised $10 million in its first round of funding to develop cross-platform sports games that utilize blockchain technology.
  • Industry veterans Jerome Collin , Mike Saperstein , Sam Sheth and Andre Taube founded SuperTeam Games with the goal of developing a new kind of sports game enhanced by blockchain integration.
  • SuperTeam Games' partnership with Forte provides access to innovative blockchain technology to create rich, player-first experiences.
  • By embracing cross-platform play and investing in blockchain integration, SuperTeam Games is focusing on what matters: making great products.

N3TWORK Studios Secures $46M in Series A Funding Led by Griffin Gaming Partners to Bring Great Games to Web3

Retrieved on: 
Wednesday, May 18, 2022

The funding will help further the development and launch of the studios first two web3 titles, Legendary: Heroes Unchained and Triumph.

Key Points: 
  • The funding will help further the development and launch of the studios first two web3 titles, Legendary: Heroes Unchained and Triumph.
  • N3TWORK Studios was formed in January 2022 from the games team of N3TWORK Inc., after Fortes acquisition of the N3TWORK platform.
  • "Web3 is a paradigm shift and will be a massive games market expander, said Peter Levin, Managing Director of Griffin Gaming Partners.
  • N3TWORK Studios is approaching the space from two angles: fully crypto native games and a hybrid of free-to-play and web3.

Glip raises $3M pre-series A, onboards 1M gamers in 3 months

Retrieved on: 
Monday, April 11, 2022

"Our focus is on making gamers earn on top of existing distribution platforms like YouTube, Twitch, Facebook," said Parth Choudhary, Co-founder and CEO of Glip.

Key Points: 
  • "Our focus is on making gamers earn on top of existing distribution platforms like YouTube, Twitch, Facebook," said Parth Choudhary, Co-founder and CEO of Glip.
  • The capital from the current round has already helped Glip's monthly active users grow 400X to 2 million users in 3 months.
  • "We are setting the groundwork to onboard 10 million gamers by the end of the year," said Ishan Shrivastava, Co-founder of Glip.
  • With Twitch taking a 50% platform cut and YouTube Live taking 30%, alternate monetisation opportunities generate immense interest from creators.

Video Game, Media and Technology Veterans Launch GGWP to Combat Game Toxicity, Raise $12M Seed Funding

Retrieved on: 
Monday, March 21, 2022

GGWP, a nod to Good Game, Well Played, was created with the mission to democratize positive play using technology.

Key Points: 
  • GGWP, a nod to Good Game, Well Played, was created with the mission to democratize positive play using technology.
  • Theres a lot of research that shows bad behavior is bad for business, Dennis Fong, CEO, GGWP, said.
  • With the ability to respond at scale, we can dramatically improve game experiences, and in turn improve game businesses.
  • GGWP, founded by games and media veterans, is an artificial intelligence-based platform to help combat toxicity in online games.

Griffin Gaming Partners Becomes One of the Largest Venture Funds Focused Exclusively on Gaming With Over $1 Billion Under Management

Retrieved on: 
Monday, March 7, 2022

Griffin Gaming Partners (Griffin) announced today that its oversubscribed $750M Fund II makes it one of the largest venture capital funds singularly focused on the global gaming market, with over $1B in assets under management (AUM).

Key Points: 
  • Griffin Gaming Partners (Griffin) announced today that its oversubscribed $750M Fund II makes it one of the largest venture capital funds singularly focused on the global gaming market, with over $1B in assets under management (AUM).
  • With one of the longest gaming industry track records, Griffin invests in content, software infrastructure, and social platforms, as well as gaming-related Web3 companies.
  • Griffin Gaming Partners aims to unlock value and growth for our portfolio companies as informed advisors and connectors, said Peter Levin, Managing Director of Griffin Gaming Partners.
  • Griffin Gaming Partners is one of the worlds largest venture capital firms singularly focused on the global gaming market with over $1B AUM.

Spyke Games Raises Record-Breaking $55 Million Seed Round For Social Mobile Games from World’s Leading Gaming VC Griffin Gaming Partners

Retrieved on: 
Monday, January 17, 2022

Spyke Games , a social, mobile casual-games company, has closed $55M in a seed round led by notable venture capital firm, Griffin Gaming Partners (GGP).

Key Points: 
  • Spyke Games , a social, mobile casual-games company, has closed $55M in a seed round led by notable venture capital firm, Griffin Gaming Partners (GGP).
  • Spyke Games co-founding team has an unprecedented track record creating some of the world's top mobile casual games with previous company exits valued at nearly $2B.
  • This funding round for Spyke breaks records as the largest seed round raised by a female CEO in Turkey as well as globally in the mobile gaming industry.
  • View the full release here: https://www.businesswire.com/news/home/20220117005026/en/
    Spyke Games co-founders raise record-breaking $55M Seed round for social mobile games.