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Web3 Livestreaming Platform Stacked Closes $12.9M Funding Round Led By Pantera Capital

admin — Mon, 28 Nov 2022 23:59:34 +0000

Stacked is described as a web3 live streaming platform owned and operated by its community. They recently closed a $12.9 million Series A funding round led by Pantera Capital. Participating investors also included Z Venture Capital and GFR Fund. Founded by Alex Lin, people are calling Stacked a web3 version of Twitch.

Founded by Alex Lin (@notalexlin), Stacked started as a watch-party app and found success in Latin America. The startup then pivoted towards web3 streaming more broadly after seeing a gap in the market. Stacked aims to free streamers and content creators from big technology platforms, which have the power to change both their compensation and platform features on a whim.

Creators can stream gaming content, host watch parties, and chat with fans on the Stacked platform. In return, they receive Stacked governance tokens that correspond to their contributions as creators and at the same time allow them to accrue ownership of the platform.

Led By Play Ventures, Freedom Games Revealed $10M Raise With Nashville Capital Network’s Participation

admin — Thu, 10 Nov 2022 01:34:32 +0000

Freedom Games reveals a $10 million dollar raise led by Play Ventures with participation from Nashville Capital Network and GFR Fund. The Alabama-based company is only just over a year old but it has already published successful indie projects like Coromon, Dreamscaper, Dark Deity, Cat Café Manager, and Symphony of War. Each of those titles has sold hundreds of thousands of copies at the time of reporting.

Ben Robinson, COO of Freedom Games, stated:

“When seeking a partner to join us for the next part of our exciting journey, we knew we needed someone with a background in bringing compelling experiences to broad audiences, and Play Ventures absolutely does.”

Donovan Duncan, CEO of Freedom Games, responded:

“We couldn’t be more proud to work together. Not only will this enable us to bring even more high-quality indies to fruition and continue growing our platform for creators to share their content, but to also stay committed to our developer-first mindset by continuing to invest in our suite of tools and services for indie developers.”

Web3 Live streaming Platform Closes $12.9 Million Funding Round

admin — Sat, 03 Sep 2022 04:08:35 +0000

Stacked is a web3 live streaming platform owned and operated by its community. They just closed a $12.9 million Series A fundraising round led by Pantera Capital. Participating investors also included Z Venture Capital and GFR Fund.

Founded by Alex Lin, Stacked started as a watch party app and found success in Latin America. The startup then pivoted towards web3 streaming more broadly after seeing a gap in the market. Stacked aims to free streamers and content creators from big technology platforms, which have the power to change both their compensation and platform features on a whim.