Playco is a Tokyo-based company that builds a web-browser gaming engine for instant games playable via a link across many platforms. It develops games, backend infrastructure, analytics, and distributes titles on cloud streaming, Google Play Instant, iOS App Clips, Facebook Instant Games, and Snapchat Minis. The team includes CEO Michael Carter, Zynga cofounder Justin Waldron, Takeshi Otsuka, Teddy Cross, and about 75 employees. Playco has partnerships with Facebook, Line Messenger, Rakuten Viber, and Snapchat and plans to build and launch a couple of games this year. The company aims to expand the games market with broadly appealing, low-friction social games that can reach billions by leveraging WebAssembly/WebGL, cloud streaming, App Clips, and other instant-play technologies. Financially, Playco raised $100 million at a $1 billion valuation, giving it a substantial war chest to prove its instant-play thesis and execute platform partnerships.

Total raised

$100M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2020