The Series A round was led by Makers Fund and Lightspeed Venture Partners to support team expansion and technology development.
"We’re thrilled to see investors’ excitement for AudioMob’s vision for long term success and our future. We’re on the precipice of innovating a whole industry with audio and now we’re able to build out our tech and team to ensure we’re disrupting the industry in the right way and ensure we eventually become a future tech industry unicorn."
Westridge Markets led the seed round for the blockchain gaming platform.
"PlayDough has been a journey of blitz scaling since inception. It has only been a few months and we already have active community members in over 30 countries. Gaming seems to be achieving the borderless ideals of crypto at full speed. We have started with the most advanced play-to-earn game, Axie Infinity. While building a community around PlayDough has been satisfying, the ability to look at play-to-earn as a yield generation strategy has also been a motivator for the trader in me. We have built valuation models, breeding strategies and training programs for our community to be able to generate the highest yield possible. While Axie being the most advanced game in the play-to-earn space remains the focus for PlayDough, it has already started building inventory in emerging games from Sorare to Gods Unchained. Star Atlas on Solana and Moonray on Stacks are showing early signs of a cross chain universe that PlayDough is planning to build on."
LDC has backed the management team with a multi-million-pound private equity injection to support ongoing expansion.
"We have seen people’s love for gaming blossom as they have fun and maintain connections with friends and family through gameplay. This has given us the opportunity to not only expand our portfolio of games, bringing some of the most well-loved titles to life in the digital world, but to continue recruiting the most exciting talent in the industry."
The investment round was led by Maven and backed by ACT Capital Partners to fund team expansion and product development.
"XR Games has achieved a number of great milestones in a short space of time and we are delighted to support the business at such an exciting stage in its growth journey. Immersive technology has huge potential in this industry and Bobby and the team's experience, ambition and delivery in this niche has been instrumental in them developing such an impressive list of global clients and partners already. We look forward to working with the team and existing investors as they embark on a programme of rapid growth."
The games industry legends have backed the experiential learning platform to support its American expansion.
"This investment is a phenomenal endorsement for what we are doing. The Oliver Twins have been making entertainment games for nearly 40 years, having founded Blitz Games and Radiant Worlds. Their input and experience will help bring traditional gaming experience to the serious games sector."