Parallel Studios raised $35 million in funding from major firms and angel investors to expand its universe across new mediums and platforms.
Amount Raised
$35 Million
Round Type
Angel
TorontoMedia And EntertainmentGamingInvestors
Description
Parallel Studios, the startup behind Ethereum NFT card-battler Parallel, raised $35 million in fresh funding from major firms in the crypto world and well-known angel investors. The funding will be used to expand the Parallel universe across new mediums and platforms and for the development of the AI-powered Colony game on Solana.
Quick answer
Parallel Studios raised $35 Million in a Angel round, dated March 29, 2024. Investors: Collab+Currency, Gabby Dizon, Luca Netz, Raj Gokal, Anatoly Yakovenko, The Spartan Group, Base Ecosystem Fund and Solana Ventures. Parallel Studios is based in Toronto, Ontario, Canada.
- How much did Parallel Studios raise?
- Parallel Studios raised $35 Million in a Angel round on March 29, 2024.
- Who invested in Parallel Studios?
- Collab+Currency, Gabby Dizon, Luca Netz, Raj Gokal, Anatoly Yakovenko, The Spartan Group, Base Ecosystem Fund and Solana Ventures are named as investors in this round.
- What does Parallel Studios do?
- Parallel Studios is developing the next AAA sci-fi franchise and leveraging blockchain/nft tech to deploy our IP as cards, games, comics, movies, & more!
- Where is Parallel Studios based and how big is it?
- Parallel Studios is based in Toronto, Ontario, Canada.
Source: Fundz verified event record.
Who else raised in Media And Entertainment and Gaming around the same time
Companies in the same sectors as Parallel Studios that raised within 45 days of this round, from Fundz verified event records.
- Iconic Arts raised $3.1M (Pre-Seed) on May 8, 2024.
- Bragg Gaming Group raised $7M (Debt Financing) on April 26, 2024.
- Steel City Interactive raised $19M (Funding Round) on May 13, 2024.
- Kino Studio raised $2.4M (Pre-Seed) on May 13, 2024.
- Jamango raised $2.5M (Pre-Seed) on May 9, 2024.
- Yoton Yo Studios raised $15M (Series A) on May 8, 2024.
Who to call at Parallel Studios, and when
A new round usually means Parallel Studios is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Parallel Studios raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Parallel Studios, from your own LinkedIn network
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Parallel Studios raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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