Lightheart Entertainment announced today that it has raised $6.8 million in Series A funding.
The funding round was led by Makers Fund, along with existing investments from Galaxy Interactive, Sisu Game Ventures, and additional angel investors.
The Helsinki, Finland based studio said that it will use the funding to grow its team and develop more titles like its first game, Mr Autofire. Mr Autofire launched in November of 2019 and has generated over $10 million in revenue to date.
Lightheart Entertainment, which was founded in 2019 raised €1.3 million ($1.4 million) last year in a seed funding round. We ve known Lightheart for a while now and believe that their unique culture and rapid iterative and autonomous approach to game development is a key factor in that success, said Jay Chi, founding partner of Makers Fund.
Gamasutra - Press Releases- The Sandbox Attracts Strategic Gaming & Silicon Valley Partners to build Virtual Lands in its NFT Metaverse
gamasutra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gamasutra.com Daily Mail and Mail on Sunday newspapers.
Provider of SaaS for Financial Institutions Fininbox Doubled Revenue in 2020
March 11th, 2021. According to AntonZujev, Head of Business Developmentand Sales at Fininbox, the doublingof revenue even during the pandemic .
BuildStream launches investment round on Republic
YC Funded BuildStream LaunchesInvestment Campaign for Supply ChainQuality Inspection Marketplace App,Raising $1M From Users and the Crowd.NEW YORK, Feb 21, 2021 .
Durham-based ProcessMaker raises $45 million in Series A Funding
Durham-based ProcessMaker isannouncing today that it has closed$45 million in Series A funding fromAldrich Capital Partners. Thefinancing marks the first outside .
Veteran Reg A+ broker-dealer Dalmore Group surpasses 70 Reg A+ offerings in the past 12 months, including some of the most successful Reg A+ offerings in history
Sam Englebardt has produced zombie films, helped build the fourth largest cinema chain in America and hobnobbed with crypto pioneers in the early days. Now he and his partners are investing hundreds of millions of dollars into the creation of the metaverse.
Galaxy Interactive managing partner Sam Englebardt first met billionaire and former hedge fund manager Mike Novogratz during a whirlwind, celebrity-studded trip to Haiti in 2016. Englebardt’s fiancée, Dr Megan McGill, had invited him down at the last minute for a shindig put on by Artists For Peace and Justice.
“It was a fun weekend,” Englebardt explains. “It’s [
Republic Receives $36 Million Series A Funding Led by Galaxy Interactive
March 17, 2021 @ 11:46 am By JD Alois
Republic, a top funding portal and broker-dealer providing online capital formation to early-stage ventures, has closed on a $36 million Series A funding round, according to a note from the company. The funding was led by Galaxy Interactive with participation by Tribe Capital, Motley Fool Ventures, and Broadhaven Ventures.
Republic reported that Prosus Ventures (formerly Naspers Ventures) made a strategic investment in Republic through a purchase of Republic Notes, a digital security. This was Prosus’ first-ever digital asset investment.
The terms or valuation of Republic were not revealed.
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