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Yesterday, video conference gaming company Bunch announced the close of a $3.85M USD second Seed financing round from investors, including Supercell, Tencent, Riot Games, Miniclip, and Colopl Next. Bunch’s previous investors include London Venture Partners, Founders Fund, Betaworks, Shrug Capital, North Zone, Streamlined Ventures, and 500 Startups. This funding brings Bunch’s total investment sum raised to $8.5M.
Bunch is an app that enables friends to play mobile multiplayer games together via an audio or video chat. While the app features a handful of first-party games on its platform, one of the biggest challenges of scaling, for companies like Bunch, is creating relationships with third-party game makers to integrate their games into the application eventually. Gaining game developers such as Tencent, Riot Games, and Supercell as investors should set Bunch up to overcome this challenge.
In November 2018, the company raised a first $3.8M Seed investment led by London Venture Partners and joined by Founders Fund, Betaworks, Shrug Capital, North Zone, Streamlined Ventures, 500 Startups, and more.
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