PortalOne Raises $60M in Series A Funding
Summary
The round was led by Tiger Global with participation from TQ Ventures, Schuster Tanger, Andrew Marks, Temasek, Avenir Growth, Connect Ventures, Animoca Brands, Access Industries, Nordstar, Socii Capital, Founders Fund, Coatue, Talis Capital, Rogue Capital Partners and SNÖ Ventures, Matt Cohler, Aleksander Larsern, Julius Genachowski, and Rishi Garg. The company intends to use the funds to enable rapid expansion of content production for its hybrid games platform. Founded in 2018 by brothers Stig Olav Kasin and Bård Anders Kasin, PortalOne is a hybrid games platform, launching a whole new category of interactive entertainment that embeds live shows into games. PortalOne recently established its U.S. production studio in Los Angeles and is set to grow its team in both the U.S. and in Norway. The company launched its US/Canada closed beta in August 2021, and the waitlist is now open for test users at PortalOne.com.
Funding
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