German no-code games company Soba has announced the raising of $13.6 million in a seed round that will be used to bolster its Web3 user-generated content platform.
The round was led by Lightspeed Ventures with other investing partners coming from FTX, Cherry, and P9. Angel investors from the gaming and crypto spaces were also involved.
An open-world games platform that has now launched its closed alpha, Soba aims to be a place where any user can build games for mobile and PC. It’s no-code platform offers multiplayer and a create-to-earn economy.
Soba co-founder and CEO Juha Paananen noted how many people play games worldwide, compared to the small number of developers. The goal is to inspire more gamers to become creators. “We want there to be more creators than just consumers,” he said.
A product manager, game designer, engineers, interns and more are currently sought by Soba as the company continues to make hires.
This article was first published on PocketGamer.biz.