Highlights:
- The startup is a hybrid gaming startup.
- PortalOne has created an app that brings those two entertainment formats together.
- The company raises $15 million for its mobile game-TV show mash-ups.
- It includes attic and camera makers ARRI, Founders Fund, TQ Ventures.
Introduction:
PortalOne is a gaming startup delivering live game experiences with stunning visuals and next level interactivity.
It is an interactive entertainment company focused on game engine technology for Mixed Reality content. The startup delivers a gaming entertainment experience with stunning visuals and next-level interactivity. It offers cool games, spectacular shows, and real prizes all in one seamless experience, directly on their mobile.
The company was founded in 2018 and is based in Palo Alto, California with a location in Oslo, Norway.
PortalOne raises $15 million for its mobile game-TV show mash-ups.
The company, a hybrid gaming startup, is announcing a $ 15 million funding round as it prepares to come out of a closed beta with an app that lets people play on-demand games and watch live shows Can play against special guests.
The startup and its funding are notable because of who is investing.
It includes attic and camera makers ARRI, Founders Fund, TQ Ventures (a company led by Scooter Bron and financiers Suster Tanger and Andrew Marks), Cotu Management (notably Ariel Zuckerberg), Rose Capital Partners (new fund of Alice Lloyd George), Cygnia Venture Are included. Partners (via Sunny Dhillon), Seedcamp, Talis Capital and Sn ures Ventures out of Europe.
Other investors included Twitch co-founder Kevin Lin; Mike Morheim, co-founder of Blizzard and Dreamhaven; Amy Morheim, co-founder of Dreamhaven; Mark Merrill, co-founder of Riot Games; XL Lagetan, former CTO and executive advisor at various companies such as Hulu; And Eugene Wei, former head of video at Oculus and head of product at Hulu.
PortalOne is a tech startup and part media company.
It is a tech startup and part media company. On the one hand, it has built a full stack of hardware and software over the past three years that can be used to create games, record live shows, and integrate both into an experience that is both on-demand and real-time. Gaming combines both entertainment and entertainment.
The Oslo-based company has so far been running a pared-down in the early version of its service in the US and Norway – two games so far, one called a blockbuster, in which well you throw a huge ball and knock on the block. It included, and another remaginated version of Centipede – set out of a living room with the same talk show that is actually all computer-generated on a green screen.
Users can play and watch all of this through a VR headset or phone, and they win “prizes” for doing well in gaming competitions. In addition, PortalOne will sell virtual goods, as companies such as Fortnite still do today.
The plan is to launch the first iteration of its service in a broader way – PortalOne Arcade, an 80s-themed, old-school arcade game reimagined as multiplayer, jointly immersed with interactive talk shows Experience – Expanding to other markets earlier this year in the US and Norway.
