As reported by Dean Takahashi of GamesBeat, Soba has raised $13.5 million under the leadership of Lightspeed Venture Partners. Soba will use this investment for their platform, enabling anyone who loves to play games to create games easily and without code.
Among the participants of the tour are FTX Ventures, which came to the fore with its investments in crypto and its partnership with IndiGG in the recent history. In addition to FTX, Cherry Ventures, Point Nine Capital and TQ Ventures were also among the participants.
Juha Paananen, CEO and co-founder of the company, was prominent with his investments in the gaming industry in the past. Paananen, who has several game companies in his investment portfolio, including Huuuge games and Clockwork Labs, was the studio general manager at King between 2015-2017.
Starting his role in King with the acquisition of Nonstop Games, which he founded in 2011, Paananen initially served as Head of Studio.
Paananen expresses the following words in an interview with GamesBeat;
“We’re incredibly excited to launch Soba to the first group of creators and players. As we spend more time in digital environments, we believe that everyone should be able to make games and define the rules of play. At the same time, we want to enable owners of digital assets, like NFTs, to build new interactive experiences. We’re using Web3 to build the most creator-friendly gaming platform and we’re proud to be backed by an amazing group of creators and other investors.”
Soba’s mission is to inspire players and allow them to be their own creators on the Web3 platform it will create. The platform will be available for free on PC and mobile platforms.