Participated · Seed · Apr 2024

Raiinmaker is described in the coverage as a Web3 artificial intelligence company. The company completed a $7.5 million seed financing, as reported by Foresight News citing The Block. The seed round was co-led by Jump Capital and Cypher Capital. Other investors named in the articles include Gate.io Labs, MEXC Global, Krypital Group, Alphabit, Launchpool, New Tribe Capital, Coach K, Axia 8 Ventures, Sheesha Finance, Andromeda Capital, Arcanum Capital, GDA Capital and Alpha Sigma Capital. The published coverage centers on the fundraising and investor participation. The articles do not provide further detail on product specifics, roadmap, operating metrics, founding year, location, or prior financings.

Participated · Seed · Nov 2021

MegaFans operates a mobile esports marketing platform built around a community using blockchain, cryptocurrency and NFTs in a play-to-earn, gamified environment. The platform supports pools that scale as community participation grows and awards virtual tokens that can be exchanged for other cryptocurrencies, NFTs, gift cards or cash. MegaFans licenses a white‑label solution for mobile game publishers and developers to increase monetization and retention by enriching players’ experiences. The company says its environment encompasses where 2.8 billion daily active users play, compete and win prizes. MegaFans joined the Launchpool Labs incubator in September and is receiving strategic and technical support to grow its global gaming community. The company intends to use the new funding to accelerate growth and expand operations. MegaFans is a San Diego-area mobile eSports platform company that built an integrated software solution enabling mobile games to offer competitive eSports tournaments. The platform is designed to increase player retention and monetization by creating a more inclusive competitive experience for mobile gamers. MegaFans currently owns 15 game titles and offers tournaments and events to the global mobile gaming audience. The company cites a total addressable audience of 2.5 billion mobile gamers/daily active users worldwide. Funds from the recent financing will be used to expand and scale MegaFans’ footprint and user base, continue development of the eSports platform, and add new games and tournaments. The company is led by founder and CEO Jeffrey Donnelley.