Vinci Games Secures $5.1 Million Seed Round Financing for Blacktop Hoops VR Game
According to reports, Vinci Games, the studio of VR basketball game Blacktop Hoops, completed a $5.1 million seed round financing, led by Makers Fund, and co founded by Y Combinato
According to reports, Vinci Games, the studio of VR basketball game Blacktop Hoops, completed a $5.1 million seed round financing, led by Makers Fund, and co founded by Y Combinator, Soma Capital, Pioneer Fund, Anorak Ventures, BonAngels, and Twitch, Kevin Lin. Vinci Games previously received support from Y Combinator and successfully completed the Kickstarter crowdfunding event in September 2022, raising $60000.
Game studio Vinci Games completed $5.1 million seed round financing
Vinci Games, the studio behind VR basketball game Blacktop Hoops, has successfully completed a $5.1 million seed round financing led by Makers Fund, and co-founded by Y Combinator, Soma Capital, Pioneer Fund, Anorak Ventures, BonAngels, and Twitch’s Kevin Lin. The company had previously received support from Y Combinator and successfully completed a Kickstarter crowdfunding event in September 2022, raising $60,000.
Overview:
The gaming industry has seen a massive surge in the past decade, and with the rise of virtual reality (VR), there has been an increasing demand for VR games. Vinci Games, a US-based VR game development studio, has capitalized on this trend with its VR basketball game, Blacktop Hoops. The company’s innovative approach to VR gaming has garnered massive success and attention from investors, culminating in a $5.1 million seed round financing.
Backstory:
Vinci Games was founded in 2018 by a team of experienced game developers who aimed to create immersive and engaging VR games. The company’s first project, Blacktop Hoops, was initially launched on Kickstarter, where it raised $60,000 from 1,006 backers in just 27 days. The positive response from gamers and investors alike propelled the company’s popularity and success.
Seed Round Financing:
In January 2023, Vinci Games announced the successful completion of a $5.1 million seed round financing, led by Makers Fund, a Hong Kong-based venture capital company that has previously invested in gaming giants such as Epic Games and Riot Games. The funding round included co-founding partners Y Combinator, Soma Capital, Pioneer Fund, Anorak Ventures, BonAngels, and Twitch’s Kevin Lin.
What Is Blacktop Hoops?
Blacktop Hoops is a captivating VR basketball game that delivers an immersive and realistic basketball experience. The game enables players to experience basketball like never before, with accurate ball physics, realistic sound effects, and stunning 3D graphics. The game also features an online multiplayer mode, enabling players to compete against each other in real-time.
Innovations:
Blacktop Hoops has been praised for its innovative approach to VR gaming. With its realistic physics and immersive gameplay, the game sets a new standard for VR sports games. The game’s multiplayer mode also adds a new dimension to VR gaming, enabling players to compete against each other, creating a vibrant and engaging community.
Conclusion:
Vinci Games’ success with Blacktop Hoops has demonstrated the potential for VR gaming and its impact on the gaming industry. The $5.1 million seed round financing reflects the company’s enormous potential and paves the way for the studio to develop even more groundbreaking VR games. Vinci Games serves as an example of how innovative technology can transform the gaming industry.
FAQs:
Q: What is Blacktop Hoops?
A: Blacktop Hoops is a captivating VR basketball game that delivers an immersive and realistic basketball experience.
Q: Who invested in Vinci Games’ seed round financing?
A: The seed round financing was led by Makers Fund, and co-founded by Y Combinator, Soma Capital, Pioneer Fund, Anorak Ventures, BonAngels, and Twitch’s Kevin Lin.
Q: What is the company’s future plan after the funding?
A: Vinci Games plans to develop even more groundbreaking VR games with the funds raised in the seed round financing.
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