SuperGaming Secures $15M Series B Funding, Valued at $100M

The Indian-Singaporean studio, now boasting 200 million downloads, secured $15M Series B funding led by Skycatcher and Steadview Capital; the funds will drive its Latin America launch for 'Indus Battle Royale,' tech upgrades, and advancements in cloud gaming and Web3 asset ownership.

MATIC

Summary

PANews reported on August 6 that Tech in Asia conveyed SuperGaming, a game development company headquartered in Pune, India and Singapore, completed a $15M Series B funding round led by Skycatcher and Steadview Capital, with participation from a16z Speedrun, Bandai Namco 021 Fund, Neowiz, and Polygon Ventures, reaching a $100M valuation. The proceeds will support the international expansion beginning in Latin America for its game 'Indus Battle Royale,' upgrade its technology platform, and enhance its cloud-based multiplayer backend and Web3 digital asset ownership, while the company has achieved 200 million game downloads.

Terms & Concepts
  • Series B Financing: A funding round following Series A, aimed at scaling operations and expanding market presence.
  • Web3: A blockchain-enabled framework that facilitates decentralized digital asset ownership and advanced internet applications.