Gaming and Esports Capital Raises in the U.S. – December 16th-31st, 2024

Gaming and Esports Capital Raises in the U.S. – December 16th-31st, 2024

Several interesting transactions closed in the Gaming and Esports sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.

PIPE

  1. ai, revolutionizing the way humans interact with artificial intelligence, received an estimated $4.04 million of development capital.

Merger/Acquisition

  1. Noodlecake Studios, developer of online mobile games intended to release games on multiple platforms, acquired by Streamplay Studio for AUD 9.1 million.

Later Stage VC

  1. WagerWire, operator of a sports gaming marketplace intended to connect bettors and legal sportsbooks, raised venture funding from GoodPaper Ventures, Danny Moses and Seth Young.
  2. CLO, developer of three-dimensional garment visualization software designed to streamline the design development process, raised $35 million of venture funding from Atinum Investment and IMM Investment.

Early Stage VC

  1. Backflip AI, operator of an AI designing platform intended to pair humans and 3D generative AI, raised $30 million through a combination of Seed and Series A venture funding in a deal led by Andreessen Horowitz and New Enterprise Associates.

Seed Round

  1. Coplay, operator of an AI-based game development copilot tool intended to automate repetitive tasks that bog developers down, raised $1.2 million of pre-seed funding in a deal led by Failup Ventures.
  2. King Show Games, developer of slot and video poker games designed to cater to the entertainment needs of the casino industry, raised $3.62 million of seed funding.
  3. Salt AI, developer of a visual development platform intended for teams to build AI faster in an open ecosystem designed for scale, raised $3 million of seed funding in a deal led by Morpheus Ventures.

#castleplacement #capitalraising #privateequity #venturecapital #investment #electronicsports #esports #gaming

Tamara Williams

Managing Director

15+ years of experience in investment banking and financial structuring including private equity, acquisitions, fund management and raising debt capital within various sectors including real estate, oil and gas, hospitality, serviced offices, IT and trading. Advised on investment opportunities, capital structure, holding and tax structure. Skilled at conducting due diligence, company valuation and providing real estate development project oversight. International network extending from the US, UK, France, Russia, and the Middle East to Asia. Previously held several senior management positions in the financial industry. Master of Business Administration with Distinction from the University of Northampton UK. Higher National Diploma with Distinction from ABE UK. FINRA Series 7, 79, and 66 licenses.

Tamara Williams

Tamara Williams

Managing Director

Tamara Williams

Managing Director

Please contact me if you have any questions or would like to discuss your capital raise:

Email: twilliams@castleplacement.com

(C) (385) 600-1871

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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.

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Thanks, Ken

Ken Margolis | Managing Partner Castle Placement
1460 Broadway Street
New York, New York 10036
(212) 418-1180
kmargolis@castleplacement.com

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