PlaysOut is considering raising up to 15 million USD, with a projected valuation exceeding 150 million USD, and has initiated negotiations with global investors to expand the commercialization of the platform.
According to international media reports on August 29, the company is considering raising new capital to accelerate the commercialization of the mini-game publishing platform in super apps and expand Web3 technology partnerships.
MAIN CONTENT
Funding plan: up to 15 million USD, valuation over 150 million USD.
Capital usage goal: boost commercialization and expand the infrastructure for mini-game publishing.
Product & Partner: mini-game publishing platform in super apps like WeChat, in collaboration with Aptos, B3, DogeOS, Eros.
How much is PlaysOut raising and what is the valuation?
Short answer: Bloomberg reports that PlaysOut is considering raising up to 15 million USD, with a projected valuation exceeding 150 million USD.
Information recorded indicates that the company has started discussions with potential investors, including several sovereign wealth funds from the Middle East and a few of the world's leading venture capital funds. This negotiation phase aims to attract capital to accelerate commercial development.
What is the main purpose of the new capital?
Short answer: The main goal is to accelerate the commercialization of the platform and expand the infrastructure to distribute mini-games into large-scale application ecosystems.
The fund will support the deployment of products to super apps, improve infrastructure tools for developers, and establish commercial partnerships to increase revenue. Focusing on commercialization helps convert technical capabilities into cash flow and real business contracts.
What are the core products and technologies of PlaysOut?
Short answer: PlaysOut develops a platform and infrastructure toolkit that allows for the direct publishing of mini-games within super apps like WeChat.
The platform supports the rapid integration of mini-games into the existing ecosystem of super apps, leveraging user networks, mobile payments, and social features to increase traffic and revenue. The company also collaborates on Web3 technology with Aptos and B3, while developing co-branded mini-game products with DogeOS and Eros.
What was the previous funding round and who were the participating investors?
Short answer: PlaysOut closed a 7 million USD seed round in March, led by a group of investors.
The seed round provides initial resources for product development and market testing. Details about the lead investors in this round are not specifically mentioned in the original report, but the seed round demonstrates market confidence in the mini-game distribution model in super apps.
Summary comparison table: funding target, current status, strategic partners
Details Factor Funding target Up to 15 million USD, valuation over 150 million USD Previous round Seed round 7 million USD closed in March Main product Mini-game publishing platform in super apps Technology partners Aptos, B3, DogeOS, Eros
Frequently asked questions
When is PlaysOut actually raising capital?
International media reports indicate information as of August 29; the company is in the discussion phase with investors to finalize details.
What is the target capital and specific valuation?
The company is considering raising up to 15 million USD with a projected valuation exceeding 150 million USD, according to international media reports.
What activities will the capital be used for?
The capital aims to accelerate commercialization, expand the infrastructure for mini-game publishing, and establish commercial partnerships within the super app ecosystem.
Who is PlaysOut collaborating with to develop technology?
PlaysOut works with Aptos and B3 on Web3 infrastructure and collaborates to launch co-branded mini-games with DogeOS and Eros.
Source: https://tintucbitcoin.com/playsout-goi-15m-dinh-gia-150m/
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