What is AirConsole?
AirConsole, developed by N-Dream and launched in 2015, operates as a cloud-based multiplayer game console that ingeniously transforms smartphones into gamepads. Headquartered in Zurich, Switzerland, the company is at the forefront of innovative entertainment technology, aiming to make gaming accessible and social through its unique platform. The company's approach to gaming leverages existing mobile devices, reducing the barrier to entry for consumers seeking interactive entertainment experiences.
How much funding has AirConsole raised?
AirConsole has raised a total of $3M across 1 funding round:
Series A
$3M
Series A (2019): $3M with participation from EquityPitcher Ventures, Sictic, Ringier Digital Ventures, Dr. Christian Wenger, Swiss Founders Fund, Wingman Ventures, and Alpana Ventures
Key Investors in AirConsole
Sictic
The Swiss ICT Investor Club (SICTIC) is a non-profit association established in 2014 that connects smart money investors to Swiss early-stage deep-tech startups. SICTIC organizes the deal flow and matchmaking of startups and investors, and facilitates the process until the investment round closes, with an aim to grow the quantity and quality of local seed stage investments. With more than 200 investor members, SICTIC is among the largest business angel clubs in Europe.
Swiss Founders Fund
Swiss Founders Fund is an early-stage venture capital firm based in St. Gallen, Switzerland, that invests CHF 100k-300k in Pre-Seed and Seed stage startups globally. The firm is built by entrepreneurs and focuses on backing companies with bold visions and strong founding teams across all sectors. They seek disruptive ideas and entrepreneurial talent, helping founders build their companies from the ground up. Swiss Founders Fund is industry agnostic, believing that great companies can emerge anywhere.
Ringier Digital Ventures
Ringier Digital Ventures is an investment arm focused on digital innovation, likely seeking to back companies that can disrupt traditional media and technology sectors with novel digital solutions.
What's next for AirConsole?
The recent major strategic investment in AirConsole signals a pivotal growth phase for the company. This capital is expected to fuel further development of its cloud-gaming infrastructure, expand its game library, and enhance its market reach. With a focus on enterprise-level solutions and strategic partnerships, AirConsole is poised to solidify its position in the competitive digital entertainment landscape, potentially exploring new avenues for user engagement and revenue generation.
See full AirConsole company page