Gaming startup Odyssey Interactive launches with $7.9 million CAD
Summary
Investors included Andreessen Horowitz, Golden Ventures, A16z Cultural Leadership Fund, as well as angel investors, including Eros Resmini of Discord, Kevin Lin of Twitch, Steve Chen of YouTube, and Paul Della Bitta of Blizzard. Odyssey Interactive’s goal is to develop mobile games that create a sense of community and purpose for players within the 13 to 18 age demographic. The founding team consists of CEO Richard Henkel, president Dax Andrus, chief compliance officer David Capurro, and chief technology officer Eric Lawless, each of whom has led development teams at companies including Netflix, League of Legends creator Riot Games, and Teamfight Tactics. Odyssey Interactive intends to replicate the experiences of games like League of Legends or World of Warcraft for the next generation of gamers. Henkel told BetaKit the startup’s plan is to monetize games through in-app purchases, while keeping the apps free to download.