As the world emerges from the shadows of lockdowns of the last 16 months, consumers, starved for entertainment options out of the home, will be greeted with new and novel immersive experiences that fuse technology and groups together. Advances in motion tracking, touch screens, and sound technologies are making location-based entertainment solutions more compelling and attractive for those wanting to try something new. Electric Gamebox is a provider of social in-person multisensory gaming experiences designed to be enjoyed by groups of 2-6. The company currently has four locations that offer 30-60 minute experiences that are designed to collaborative and fun with plans for aggressive geographic expansion over the next few years. The Electric Gamebox experience requires a small physical footprint and the company plans to integrate into existing retail locations to increase its availability. Like Escape the Rooms, the gameplay is meant to be versatile for outings for groups of friends, dates, corporate team-building, birthday parties, etc. The company currently offers 6 games that it has developed with plans to bring more titles onboard including brand name franchises to enhance its experiential capabilities. Pricing for its London location starts at £9 for kids and £14 for adults for 30 minutes, making it quite accessible. London TechWatch caught up with CEO, Cofounder, and repeat entrepreneur Will Dean (founded Tough Mudder) to learn more about the inspiration for the business, how the company managed to expand despite lockdown during the pandemic, strategic plans, lastest round of funding from investors that include Philian, Brookfield Asset Management, Index Ventures, Project A, and ActivumSG.
16 fundings; £165M+ raised! London Tech News for the week ending 12/6 featuring news for Vault Platform, Scoodle, and much, much more.
The European Tech Weekly Notable Startup Funding Report takes on a trip across various ecosystems in Europe, highlighting some of the notable funding activity in the various markets that we track. The notable European Tech startup fundings for the week ending 12/6/21 featuring funding details for Fresha, Lumenaza, and ten other European fundings that you absolutely need to know about.
Over $160M in startup funding for Friday! The latest venture capital, seed, pre-seed, and angel deals for London startups for 11/6/2021 featuring funding details for Fresha, Copper, and much more.