Mike Morhaime, co-founder of Blizzard and Dreamhaven invests in an Oslo-based hybrid games platform. PortalOne claims to be the world’s first hybrid games platform. The platform launched a new category of entertainment that mixes games with live shows that are embedded directly inside the games.
“We are incredibly fortunate to have been joined by a number of true icons and visionaries who immediately grasped the unique potential of PortalOne. To get such strong backing from so many industry innovators at such an early stage of this journey is something you can only dream of. All of our investors bring tremendous value to the table and we are grateful for all of their support.” – Bård Anders Kasin, co-founder of PortalOne.
According to siliconcanals.com, PortalOne has raised $15 million in an oversubscribed Seed round of funding. The investment fund led by Justin Bieber’s manager and co-owner of 100 Thieves Scooter Braun; Schuster Tanger; and Andrew Marks. Coatue Management’s investment was led by Arielle Zuckerberg and the Rogue Capital Partners investment was led by Alice Lloyd George. Sunny Dhillon led the investment from Signia Venture Partners whose LPs include Warner Bros., Disney and Tencent.
PortalOne is the world’s first hybrid games platform. Hybrid games are a new category of entertainment that seamlessly mixes games with live shows that are embedded directly inside the games.
This mobile-first content gives users a more engaging games experience, with stunning visuals and enhanced interactivity while allowing users to compete for prizes. We enrich everyday life by providing captivating, positive entertainment —with rewarding interactions that transform virtual wins into real-world rewards.
Established in 2018, the company is US-based with a subsidiary in Oslo, Norway.