Double Loop raises $8 million for its first game for unconsidered gamers
| Date | Type | Companies Involved | Size |
|---|---|---|---|
| May 24, 2021 | investment | Double Loop Games Garena Hiro Capital London Venture Partners Riot Games | $8m |
San Francisco startup Double Loop has closed an $8 million Series A funding round.
It was led by Hiro Capital with participation from Garena (Free Fire) and Riot Games (League of Legends) and existing investors such as LVP.
As part of the deal, Hiro’s Cherry Freeman will join the board of directors.
Double Loop raised a $2.5 million seed round in February 2020.
Debut soon due
The developer is working on what it calls ‘an innovative hybrid puzzle game with a deep social world’.
It says its target audience is people who don’t consider themselves gamers.
“Games bring us moments of joy, essential social connections, and are part of the fabric of our everyday lives -- and this past year has made it clear that our relationship to games will only increase,” said Double Loop’s CEO Emily Greer.
“As a group of games entrepreneurs at Hiro Capital, we admire Double Loop’s mission to build games for everyone that are artfully crafted, delightfully accessible and socially engaging,” added Freeman.
As part of the funding, Double Loop is expanding its team. You can see open positions on its website.
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