Popularium Raises $2M Seed Round From Prominent Investors
LOS ANGELES, March 26, 2024 /PRNewswire/ -- Popularium today announced the close of a $2M seed financing round, backed by prominent investors as well as games and media executives including Palm Drive Capital, The Data Economics Company, Eden Chen (Pragma) investing via the a16z Scout Fund, Reverb Ventures and Dave Nemetz, Pareto (founded by Edward Lando), Exit Capital, The Society of Entertainment, Bryan Goldberg (Bustle Digital Group, Bleacher Report), Dan Black (Gearbox), Dhani Jones (ex-NFL), and Avi Ben-Menahem (ex-Xbox: Ori and the Blind Forest, Phantom Dust).
- "Nearly 50% of the seed financing for Popularium has come from investors who are long-time fans of Magic: The Gathering and other games from Popularium's co-founders," said Arka Ray, President of Popularium.
- This has drawn these prominent investors to proactively reach out and offer support for Richard's vision at an early stage of development."
- I'm thrilled to be an investor in Popularium's seed round and to support the realization of Richard's vision."
- The seed round will help support the public Alpha launch of Chaos Agents in summer 2024.