Electronic Theatre raises £8.6m in Series A funding led by Project A and Index Ventures to drive expansion
Project A and Index Ventures co-led the Series A round to support geographic expansion and technological development.
Electronic Theatre operates an interactive digital entertainment platform that features custom developed LightBox pods for group gaming experiences. The company opened its first site on London's Southbank.
Electronic Theatre has raised £8.6m in a Series A funding round co-led by Project A and Index Ventures. Additional backing was provided by investors including Sweet Capital and JamJar Investments. The fresh capital will be directed towards accelerating geographical expansion and further developing the underlying technology platform. Following the launch of its initial venue on London's Southbank, the company aims to roll out multiple new units across the UK and the US in the coming year, with broader ambitions for global scale.
Investor perspective
"We firmly believe that digitally-enabled experiences will develop into a leading category in the entertainment space. eT has created a truly unique approach that has been very well received by initial customers. We are very happy to back this incredible team."
Florian Heinemann
Partner, Project A
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
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About the company
Electronic Theatre
Electronic Theatre provides immersive group entertainment inside interactive digital rooms.