July 11, 2024
Soccerverse has closed a strategic funding round of $3.1 million (£2.5 million), led by the renowned game publisher Square Enix. This latest infusion of capital, bolstered by ongoing support from existing investor Hiro Capital, elevates Soccerverse’s total funding to $4 million.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Soccerverse | $3.1M | July 11, 2024 | Strategic Funding | Square Enix | Gaming |
Soccerverse, co-founded by ex-Soccer Manager CEO Andrew Gore alongside blockchain gaming trailblazers Andrew Colosimo and Daniel Kraft, aims to create a player-owned and player-led economy, setting it apart from traditional gaming models.
The newly secured funds are earmarked for optimizing the game ahead of its scheduled Q4 2024 launch and accelerating its growth trajectory post-launch.
Andy Gore, the CEO of Soccerverse, expressed his excitement about collaborating with Square Enix, a globally recognized gaming company. He believes that this partnership and the investment they've received will enable them to enhance their game's quality and expand their reach to a worldwide audience.
Hideaki Uehara, the General Manager of Investment & Business Development at Square Enix, highlighted Soccerverse's innovative and unique use of blockchain features in the gaming genre. He conveyed his eagerness to continue their association with Soccerverse, now from the viewpoint of both investors and fans.
Sir Ian Livingstone, a General Partner at Hiro Capital, shared his personal experience with football management games. He confessed to having spent countless hours playing such games over the years. He admitted to having taken a break, but believes Soccerverse will inspire him to play again. He finds the social layer and the player investment dynamic to be intriguing new features. He is excited to see Manchester City achieve new heights.
Soccerverse plans to launch its first game, which is currently in the final stages of development, later in 2024.
About Soccerverse
Soccerverse is a unique, multiplayer, community-driven football management simulator and trading game. It’s free to play in your browser on any device. The game spans the globe with over 3,500 clubs to manage and lead to victory. There are more than 110,000 players to sign and enhance your team’s performance. You can compete across 93 countries and make your mark in the world of football.
In Soccerverse, you can rise through the ranks by competing for reputation, not just wins. The game offers an immersive world of strategy and management where skill and knowledge are your keys to success. The soccer universe is always active, and your club and players continue to evolve, whether you’re logged in or not, in a dynamic world that never stops.
Website: https://www.soccerverse.com/
About Investor
Investor: Square Enix
Square Enix Holdings Co., Ltd. is a Japanese multinational holding company, video game publisher, and entertainment conglomerate. It is renowned for releasing popular role-playing game franchises such as Final Fantasy, Dragon Quest, and Kingdom Hearts.
Square Enix was formed in April 2003 from a merger between Square and Enix, with the latter as the surviving company. The original Square Enix Co., Ltd. was reorganized as the holding company Square Enix Holdings Co., Ltd. in October 2008. The group operates American, Chinese, and European branches, based in Los Angeles, Beijing, Paris, Hamburg, and London respectively
Location: London, Greater London
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