Page 2 - Cherry Freeman News Today

Today, Double Loop Games announced that it has raised $8 million in Series A funding. The company said that the investment will be used to bring its first mobile title to market and expand its development team. The funding round was led by Hiro Capital, along with participation from Garena, Riot Games, London Venture Partners and others. Alongside the investment, it was announced that Cherry Freeman, co-founder and partner of Hiro Capital, has joined Double Loop Games board of directors. "Games...

Ian Livingstone, co-founding partner at Hiro Capital, said, “We are excited to begin 2021 by announcing Hiro’s investment in three amazing games studios, Snowprint, Double Loop and Happy Volcano. Each studio has demonstrated innovation and expertise in developing fun to play games which resonate with today’s audiences. I’m especially pleased that one of the studios came through our first Dark Star™ event for emerging indies looking to scale their businesses. If only venture capital h...