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Niio announces $15M Series A following strategic partnership with Samsung Displays

– Niio, a digital art platform, raised $15m in Series A funding.
– The round was co-led by L Catterton, a joint venture between LVMH and Catterton, Entrée Capital and Pico Venture Partners.
– Additional investors also joined, including Saga VC, as well as leading artists, art collectors, museums, gallerists and trustees at institutions such as MOMA and Guggenheim as well as Shalom McKenzie, an online gambling entrepreneur and investor who also invests in NFTs.
– The company will use its capital to grow its artist community and scale its app-enabled subscription and purchase platform, which is blockchain–based and will include a trading-enabled marketplace for NFTs and other digital art assets.

Casino Digital Entertainment Fantasy Sports Gaming Mobile North America Sports

Boom Entertainment Raises $15M in Series A Funding

– Boom Entertainment (formerly known as Boom Sports) is a NYC-based creator of sports gaming apps.
– The company raised $15M in Series A funding.
– The round was led by Sands Capital with participation from Defy Partners, Golden Nugget Online Gaming, Rush Street Interactive, TEGNA, Bettor Capital, Velo Capital, Alpha Bridge Ventures, and Heatwave Partners.
– The new investment will be aimed at accelerating the company’s expansion into real-money gaming products.

Digital Entertainment Gaming North America Video Games

ProbablyMonsters Raises $200M in Series A Funding

– ProbablyMonsters, Inc. is a Bellevue, Wash.-based next generation independent game company that builds and sustains a family of AAA game studios.
– The company raised $200M in series A funding round.
– The round was led by LKCM Headwater Investments, the private equity arm of Luther King Capital Management, an SEC-registered investment advisory firm with approximately $25 billion in assets under management, and their affiliates with participation from other original investors (unnamed).
– The company intends to use the funds to enhance benefits to its employees, expand its long-term resources, and accelerate its business growth and developer recruitment.

Digital Entertainment eSports Gaming North America

FaZe Clan Receives Investment From Cox Enterprises

– FaZe Clan, a Los Angeles, CA-based digital lifestyle and media platform rooted in gaming and youth culture, received a strategic investment from Cox Enterprises.
– The amount of the deal was not disclosed.
– The investment extend the existing partnership between Cox Enterprises and FaZe Clan.

Apps Digital Entertainment Gamification Gaming Internet South Asia

Zupee Raises $30M in Series B, at Over $500M Valuation

– Zupee from India is an online skill-based gaming platform startup.
– The company closed a $30m Series B funding at over $500M valuation.
– The round was co-led by WestCap Group and Tomales Bay Capital, with participation from Matrix Partners India.
– The new investment will be used to scale efforts through expansion of product portfolio and market reach and hiring of global talent.

Advertising Comics Content Digital Entertainment Southeast Asia

INKR draws in $3.1M to make more comics accessible to worldwide audiences

– INKR is a digital comics platform.
– The company raised $3.1m in pre-Series A funding.
– The round was led by Monk’s Hill Ventures, with participation from manga distributor TokyoPop founder and chief executive Stu Levy.
– The company was founded in 2019 by Ken Luong, Khoa Nguyen and Hieu Tran.
– It has offices in Singapore and Ho Chi Minh City.
– It currently partners with more than 70 content creators and publishers, including FanFan, Image Comics, Kodansha USA, Kuaikan, Mr. Blue, SB Creative, TokyoPop and Toons Family.
– It has more than 800 titles so far, including manga, webtoons and graphic novels.

Digital Entertainment Event Promotion Media and Entertainment North America

Flymachine Raises $21M in Funding

– Flymachine is a San Francisco, CA-based virtual venue for live entertainment which delivers an immersive social experience.
– The company closed $21m in funding.
Greycroft Partners and SignalFire led the round, with participation from Primary Venture Partners, Contour Venture Partners, Red Sea Ventures, and Silicon Valley Bank, as well as angels including music-industry luminaries Coran Capshaw, Bill Silva, Marty Diamond, and Larry Webman, Bay Area concert promoter Another Planet Entertainment, Ben Lovett of Mumford & Sons, WIRED magazine co-founding editor John Battelle, and LionTree Partners.
– The company intends to use the funds to continue to grow its diverse team, expand its network of venue partners, and develop new features for its digital events platform.

Digital Entertainment Digital Media Information Technology Internet Music Music Streaming North America

Mandolin Scoops Up $12M Series A Round

– Mandolin, the tech-focused digital fan engagement company, has closed a $12m Series A funding round.
– The financing round was co-led by 645 Ventures and Foundry Group, with returning investments from High Alpha and Marc Benioff’s TIME Ventures as well.
– Mandolin helps artists and venues create connections with fans and prosper through the music they produce.

Digital Entertainment Digital Media Marketplace Music Music Streaming North America

Songtradr Raises $US50M in Series D Funding

– Songtradr is a B2B music licensing marketplace.
– The company raised $50M in Series D funding, bringing total funding to over $100M.
– The round was led by Regal, Aware Super, Perennial, Argo and Greencape, as well as Founder/CEO of Wisetech Global (ASX: WTC), Richard White.
– The new investment will be used to expand the company’s growth organically and through acquisitions.

Digital Entertainment Media and Entertainment North America Virtual Reality

Illuminarium Experiences Reaches $100 Million in Initial Funding with Strategic Investment from Eldridge

– Illuminarium Experiences announced today it has received $100m in initial funding, with its newest significant investment from Eldridge.
– The commitment from Eldridge will support the launch of the first-ever Illuminarium in Atlanta, GA, opening July 1, 2021, as well as future global locations.
– Illuminarium’s immersive entertainment venues enable visitors to experience real world, filmed content and authentic, re-created worlds in an environment unlike any other.

Digital Entertainment Education Gaming Online Games Western Europe

Erase All Kittens raises $1M seed round for Mario-style game which teaches girls to code

– Erase All Kittens, a web-based game designed for kids aged 8-12, raised $1m seed funding.
– The round was led by Twinkl Educational Publishing and joined by first investor Christian Reyntjens of the A Black Square family office, alongside angel investors.
– The company plans to use the funding to expand its team and develop new products.

Content Digital Entertainment Gaming North America

PortalOne Raises $15M in Seed Funding

– PortalOne from Palo Alto develops a hybrid games platform.
– The company raised $15m in seed funding.
– Backers included Founders Fund, TQ Ventures, Coatue Management, Rogue Ventures, Signia Venture Partners, Seedcamp , Talis Capital and SNÖ Ventures as well as strategic partners Atari and ARRI.
– The new investment will be used to accelerate the company’s global expansion and product development.

Automotive Digital Entertainment Digital Media Software Virtual Reality Western Europe

Audi spinoff holoride collects $12M in Series A led by Terranet AB

– Holoride, a Swedish ADAS software development company, raised €10m in Series A funding.
– The round was led by Terranet and joined by Chinese financial and automotive technology investors, organized by investment professional Jingjing Xu, and educational and entertainment game development company Schell Games.
– Holoride will use the fresh funds to search for new developers and other talent both as it prepares to expand into global markets like Europe, the United States and Asia, and in advance of its summer 2022 launch for private passenger cars.
– Holoride is on a mission to revolutionize the passenger experience by turning dead car time into interactive experiences that can run the gamut of gaming, education, productivity, mindfulness and more.
– Holoride is manufacturer-agnostic.

Digital Entertainment Digital Media Europe Media and Entertainment Music Music Streaming Video

Epidemic Sound Raises $450M Funding at $1.4 Billion Valuation

– Epidemic Sound is a Stockholm, Sweden-based platform for restriction-free music.
– The company raised $450m in funding at a $1.4b valuation.
– Backers included funds managed by Blackstone Growth and EQT Growth.
– The new investment will be used to expand the company’s business reach internationally to reach new creators in both existing territories like North America whilst also localizing its digital offering and to invest in the core user experience it offers.

Communities Digital Entertainment Internet Mobile North America

Beamable Closes $5M Equity Funding Round

– Beamable from Boston provides a Software-as-a-Service platform for the business operations of live games.
– The company raised approximately $5m in equity funding round.
– The round was led by Companyon Ventures and GrandBanks Capital, and joined by investors from, Oyster Funds, and others.
– The new investment will be used to expand operations and reach.

Audio Content Digital Entertainment Europe Podcast

Podimo, the podcast and short form audio subscription service, picks up €11.2M in new funding

– Podimo, a podcast and short form audio subscription service, picks up €11.2M in new funding.
– The round is led by Chr. Augustinus investment fund, and comes just 8 months after announcing its €15 million Series A.
– Existing investors, and the Spanish VC Aldea Opportunity Fund also participated.
– Founded in 2019, Podimo is a podcast and short-form audio platform which offers personalized recommendations to listeners, while offering creators a share of revenue via premium subscriptions.
– Premium members gain access to over 600 shows that are exclusive to Podimo and membership fees are shared directly with the podcast creators they listen to each month.
– The service is currently live in Germany, Denmark and carious Spanish speaking markets.

Artificial Intelligence Cloud Computing Digital Entertainment Gaming Mobile North America Social Media

Artie Raises $10M in Seed Funding

– Artie is a Los Angeles, CA-based platform for next-gen instant mobile games.
– The company raised $10M in seed funding.
– Backers included Zynga founder Mark Pincus, Kevin Durant and Rich Kleiman’s Thirty Five Ventures, music mogul Scooter Braun’s Raised In Space, Shutterstock founder Jon Oringer, Tyler & Cameron Winklevoss, Susquehanna International Group; Harris Blitzer Sports & Entertainment + The Sixers Lab, and Manuel Bronstein, VP of Product at Google, and YouTube founder, Chad Hurley.
– The company plans to use the funds to continue advancing its technology platform and launch an initial slate of games in 2021.

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