How Much Did Gigantic Raise?
Funding & Key Investors

Gigantic, the Tel Aviv-based innovator behind the Clawee platform, has successfully secured a significant capital injection to bolster its unique market position. With a total funding accumulation reaching $7M, the company continues to demonstrate robust growth potential within the interactive entertainment sector. This latest infusion of $7M represents a major strategic investment, signaling strong confidence from institutional backers in the company's ability to bridge the gap between digital gaming and physical prize fulfillment.

What is Gigantic?

Gigantic
Business ServicesSoftware TestingGambling & Gaming

Gigantic operates at the intersection of mobile gaming and e-commerce, leveraging proprietary technology to allow users to control real-world claw machines via a live-streamed interface. By digitizing the classic arcade experience, the company has created a high-engagement ecosystem where virtual gameplay results in tangible rewards shipped directly to the user. This model effectively disrupts traditional gaming monetization by integrating physical logistics with real-time remote control software, positioning Gigantic as a leader in the emerging live-streamed gaming category.

How much funding has Gigantic raised?

Gigantic has raised a total of $7M across 1 funding round:

2020

Unspecified

$7M

Unspecified (2020): $7M with participation from NFX Capital and Union Tech Ventures

Key Investors in Gigantic

NFX Capital

A prominent venture capital firm specializing in early-stage startups with a focus on network effects and marketplace business models.

Union Tech Ventures

The technology venture arm of the Union Group, focusing on mobility and retail technology companies founded by Israeli-related entrepreneurs.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for Gigantic?

With this major enterprise-level funding, Gigantic is well-positioned to scale its operational infrastructure and expand its reach within the global gaming market. The strategic focus will likely shift toward optimizing the supply chain for prize fulfillment and enhancing the low-latency streaming capabilities required for a seamless user experience. As the company matures, the integration of advanced analytics and potential partnerships with global retail brands could further solidify its competitive advantage, moving the firm beyond its initial growth phase into a period of sustained market dominance.

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Frequently Asked Questions Regarding Gigantic Financial Insights

What are the most recent funding rounds that Gigantic has completed, and what were the funding rounds?
Gigantic has recently completed 1 funding rounds: Unspecified on Dec 7, 2020.
What is the total amount of funding Gigantic has raised to date?
Gigantic has raised a total of $7M in funding to date.
How many funding rounds has Gigantic completed?
Gigantic has completed 1 funding rounds.
How much funding did Gigantic raise in its most recent funding round?
Gigantic raised $7M in its most recent funding round.
Who are the lead investors in Gigantic's latest funding round?
The lead investor in Gigantic's latest funding round was NFX Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Gigantic's history?
The largest funding round in Gigantic's history was $7M.
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