Dmitry Grishin’s foundation, Grishin Robotics, Capitalize VC, M25 and others invested $1 million in mobile mini-game platform Playbite. The parties closed the seed round on October 31, 2023. This follows from Crunchbase data, which was observed by an RB.RU correspondent.
Playbite is an arcade mobile app where users can play dozens of games, compete with friends and win prizes: gift certificates, stuffed animals, consoles. It was released in 2021 and there are now 42 games available.
The platform is monetized through advertising, in-app purchases, and a subscription to Playbite+, which disables advertising completely.
The funds raised will be used to expand the platform’s capabilities, as well as establish partnerships with popular brands to diversify prizes for players.
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
