Double Loop, a San Francisco-based startup focused on creating accessible games, has raised $8 million in Series A funding led by Hiro Capital, with plans to broaden its team and product offerings.
Target Information
Double Loop, a forward-thinking startup based in San Francisco, has successfully secured $8 million in Series A funding. The company specializes in developing what it describes as an innovative hybrid puzzle game designed to engage a wide audience, particularly those who do not identify as traditional gamers. This funding round, which comes after a $2.5 million seed investment in February 2020, reflects the growing potential and ambition of Double Loop as it aims to reshape the gaming landscape.
Industry Overview
The gaming industry in the United States continues to thrive, driven by advances in technology and an increasingly diverse user base. In recent years, the sector has experienced significant growth, particularly in casual gaming, which has seen a surge in popularity among non-gamers. This shift has opened the door for innovative games that emphasize social interaction and accessibility.
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Moreover, the COVID-19 pandemic has accelerated this trend as more individuals turned to gaming as a source of entertainment and social connection while adheri
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Hiro Capital
invested in
Double Loop
in 2023
in a Series A deal
Disclosed details
Transaction Size: $8M