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Squido Studio raised $3M in a funding round led by Triptyq Capital to develop the social XR game DigiGods.

Nov 07, 2024•8 months ago

Amount Raised

$3 Million

Round Type

seed

MontrealGaming

Investors

Canada Media FundEarthling VcFairway CapitalHartmann CapitalFj LabsGrishin RoboticsTriptyq Capital

Description

Squido Studio has secured $3 million to accelerate the development and global rollout of their ambitious social XR platform, DigiGods. The Montreal-based company aims to expand its team to attract top talent in XR development.

Company Information

Company

Squido Studio

Location

Montreal, Quebec, Canada

About

Squido Studio is a Montreal-based creator of immersive virtual experiences specializing in social extended reality (XR) games. The company aims to redefine social interaction in XR through innovative platforms like DigiGods. Co-founded by David Chartrand and Philippe Cournoyer, it has a successful history in XR development, including its debut title No More Rainbows. With a growing team, Squido Studio is committed to advancing social gaming and building immersive playgrounds for users.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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