One of the most exciting game studios in Hollywood is getting ready to go to the next level.
What’s happening:
- Los Angeles, California based gaming studio startup Second Dinner has raised $100M USD in a Series B financing
- The new round was led by Griffin Gaming Partners, one of the world’s largest venture capital funds focused exclusively on gaming
Why it matters:
- Second Dinner is the game studio behind hit game MARVEL SNAP which launched to enormous success
- The new infusion of capital aims to help accelerate Second Dinner’s plans to begin launching new games and intellectual property
By the numbers:
- MARVEL SNAP has been downloaded more than 22M times since launching
- Over $200M USD in revenue has been generated from MARVEL SNAP
Going deeper:
- One of the earliest investors into Second Dinner was Chinese based game company NetEase (NASDAQ: NTES)
- Griffin Gaming Partners has been an early investor in many leading game studios and was also an early backer of Discord, due to its important role in the gaming ecosystem
