Funding

Jamango! funding news – Game Creation Platform Jamango! Secures $2.5 Million in Pre-Seed Funding

May 11, 2024 | By Startup Rise EU

The game production platform Jamango!, situated in Ireland, has successfully raised $2.5 million to expedite its development in anticipation of its worldwide launch later this year.

The game production platform Jamango!, situated in Ireland, has successfully raised $2.5 million to expedite its development in anticipation of its worldwide launch later this year.

SUMMARY

  • The game production platform Jamango!, situated in Ireland, has successfully raised $2.5 million.
  • Elkstone and Delta Partners co-led the pre-seed investment round, while famous angel investors such as Brian Caulfield, Brendan O'Driscoll, and Conor Sheahan, who becomes chairman, contributed additional funds.

The platform's accessibility for anyone wishing to create or modify their own games has contributed to its success. Players may mix basic block-based construction with a no-code editor, so that a lack of coding experience is no longer an obstacle to involvement.

User-generated content is in high demand in the gaming business, and browser-based instant gaming is making a comeback, supporting a market that is projected to increase by $63 billion by 2027. With its emphasis on browser-first and web-based gaming rather than downloads, it intends to contribute to this change.

Read also - Sesame funding news – HR Software Company Sesame Secures €23Million in Funding

RECOMMENDED FOR YOU

recomd
Funding
[Funding alert] Espoo-based Kuva Space Secures €16.6 Million in Series A Round Funding
Startup Rise EU
Nov 2, 2023
recomd
Funding
[Funding alert] Huntingdon-based HutanBio Secures £2.25M in Funding
Startup Rise EU
Jan 20, 2024
recomd
Funding
[Funding alert] Germany-based Razor Group Secures an Undisclosed Amount in Series D Round Funding
Startup Rise EU
Mar 6, 2024

Elkstone and Delta Partners co-led the pre-seed investment round, while famous angel investors such as Brian Caulfield, Brendan O'Driscoll, and Conor Sheahan, who becomes chairman, contributed additional funds.

Former Scopely vice president of technology Kevin Bergin, veteran AAA game key art director Brendan McCaffrey, and former Roblox vice president of design Eric Kabish are on the advisory board for the startup.

Adam Dalton, Co-Founder of Jamango!, commented on the raise: “Our mission at Jamango! is to empower the next generation of game creators. We see a major opportunity to bring user-generated content to the browser at a time when the market is signaling a surge in demand for the browser game category.

Rich Barnwell, investor at Delta Partners and founder of DIGIT said,
"Delta is excited to be supporting the Jamango team on their mission to bring a new UGC Instant gaming platform to life. Inspired by platforms such as Roblox and games like Minecraft, we believe Jamango has a new unique proposition that their players and creators alike will love."

About Jamango

With Jamango!, a browser-native gaming platform, anybody can quickly develop and play games created by others. Unlocking imaginations and enabling people to play, interact, and create without boundaries is Jamango!'s aim.

Recommended Stories for You

story
Funding

[Funding alert] Bristol-based WASE Raises over £8.5 Million in Funding

Startup Rise EU Mar 28, 2024

story
Estonia

[Funding alert] Tallinn-based BotGuard OÜ Secures €12 Million in Series A Round Funding

Startup Rise EU Mar 14, 2024

story
Funding

Healthtech Startup Prescriby Raises €2 Million in Funding – FUNDING NEWS

Startup Rise EU Apr 29, 2024

story
Recent Articles

[Funding alert] Düsseldorf-based Getpaid Secures €5.7 million in Seed Funding

Startup Rise EU Oct 5, 2023

story
Italy

Italian-based Lithium Lasers Secures €2 Million in Funding

Startup Rise EU Apr 22, 2024

story
Funding

PIXEVIA funding news – Retailtech Startup PIXEVIA Secures €1.5 Million in Funding

Startup Rise EU May 20, 2024