San Francisco-based cellular gaming platform firm Ryu Video games, has introduced that it has raised $2.3M in a seed spherical and can use the infusion to speed up the expansion of its cellular money event gaming platform.
The spherical was spearheaded by Velo Companions, Citta Ventures, MGV Capital, INP Capital, Aspect Door Ventures, and 500 Startups. Different traders concerned within the spherical included Geoff Bough, the previous head of enterprise growth at FanDuel, David Kirk, the previous chief scientist at NVIDIA and Riz Virk, previously on the founding workforce at TapJoy.
Ryu’s cellular money platform options tournaments in a wide range of “hyper-casual” video games by which the corporate additionally provides a layer of social options to attach individuals. Ryu does this with additions equivalent to in-game chat, detailed match historical past, leaderboards and extra.
Since initially launching its SDK in September 2020, Ryu has launched a number of cellular titles within the App Retailer, together with such video games as Bingo Increase, Blackjack Increase, and Hit 1000.