What is Gigantic?
Founded in 2018 by Ron Brightman and Oded Frommer, Gigantic operates within the innovative connected reality gaming sector. The company's unique proposition lies in its ability to merge the physical and digital realms, allowing players to control real-world arcade machines through mobile applications. This convergence creates an immersive gaming experience that bridges the gap between online engagement and tangible interaction, positioning Gigantic at the forefront of a new wave of interactive entertainment.
How much funding has Gigantic raised?
Gigantic has raised a total of $7M across 1 funding round:
Unspecified
$7M
Unspecified (2022): $7M with participation from MoreTech Ventures, The NFX, and VGames
Key Investors in Gigantic
MoreTech Ventures
MoreTech Ventures is an investor in this funding round. Further details on their specific investment focus are not available.
The NFX
The NFX is a venture capital firm that focuses on investing in pre-seed and seed stage startups, aiming to support exceptional founders who are building transformative companies across various sectors. Their investment areas include gaming, generative AI, proptech, space, fintech, marketplaces, and crypto, with a strong presence in Silicon Valley, Israel, Europe, and Latin America.
VGames
vgames is a venture fund dedicated to supporting game entrepreneurs, leveraging their extensive experience with both emerging and established developers. They focus on nurturing founders throughout their journey, from ideation to growth, emphasizing the importance of patience and a strong data-driven approach.
What's next for Gigantic?
The recent major strategic investment signals a pivotal growth phase for Gigantic, likely enabling the company to scale its operations, enhance its technological infrastructure, and expand its market reach. This substantial backing suggests confidence from investors in Gigantic's innovative business model and its potential to disrupt the gaming industry. Future developments may include the introduction of new game titles, broader accessibility of its platform, and strategic partnerships to further solidify its position in the connected reality gaming landscape.
See full Gigantic company page