What is Tangible Play?
Tangible Play is an innovative startup operating at the intersection of Artificial Intelligence, Computer Vision, and the gaming industry. The company's core mission is to revolutionize play by seamlessly integrating traditional physical play with modern digital experiences. While fundamentally a software-driven enterprise, Tangible Play's unique approach involves physical product aspects that enhance its development process and product offerings. The company is actively seeking skilled engineers, particularly in computer vision for real-time AI systems and game engineers or technical game designers adept at creating mindful games on novel platforms.
How much funding has Tangible Play raised?
Tangible Play has raised a total of $36M across 2 funding rounds:
Series A
$12M
Series B
$24M
Series A (2014): $12M with participation from K9 Ventures, LLC, Upfront Ventures, and Accel Partners
Series B (2016): $24M led by K9 Ventures, Accel Partners, Upfront Ventures, Mattel, and Houghton Mifflin Harcourt
Key Investors in Tangible Play
K9 Ventures
K9 Ventures is a technology-focused micro VC fund based in Palo Alto, California, specializing in Pre-Seed investments. The firm aims to support innovative startups in the technology sector.
Accel Partners
Accel is a prominent venture capital firm that invests in companies at various stages of growth, from seed to growth-stage. They are known for their global reach and focus on technology innovation.
Mattel
Mattel, Inc. is a global toy and family entertainment company that designs, manufactures, and markets toys and consumer products worldwide, known for iconic brands like Barbie and Hot Wheels.
What's next for Tangible Play?
The substantial enterprise-level funding and recent strategic investment indicate a strong market validation for Tangible Play's unique approach to gaming. This capital infusion is expected to accelerate product development, enhance AI and computer vision capabilities, and expand the company's reach within the gaming ecosystem. The focus on merging physical and digital play suggests a strategy aimed at capturing a significant market share by offering novel interactive experiences. Future growth will likely involve scaling operations, forging strategic partnerships, and potentially exploring new intellectual property related to interactive entertainment.
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