Breaking NewsMENA Beehive

$1 M Pre-seed funding raised by Egyptian gaming startup InGame Sports

InGame Sports, the Egyptian gaming and sports technology business has raised over US $1 million in cash, in-kind assets, and grants in a pre-seed round to support its international growth and the introduction of new products.

A first-of-its-kind gamified platform called InGame Sports offers football fans the ability to anticipate results and win thrilling rewards.

The startup’s pre-seed round, which was managed by Openner, a worldwide VC that invests in early-stage internet firms, also included participation from Egyptian and foreign angel investors as well as well-known international sports brands like Sports Radar.

“InGame aims to provide an innovative entertainment value to millions of football fans in the region, InGame is designed to empower and engage its users with unprecedented ways and experiences through new reward schemes. InGame targets its stronghold incorporation in multiple break-through interactive engagements that are exciting for football fans that have never been assembled in the gaming industry before,” said Mohab El Tawila, managing partner of InGame Sports.

In addition to planning to create add-ons built on Web3 technology infrastructure and integrate blockchain technology across its modules, the business wants to expand operations to a number of different nations in the future.




Related Articles

Back to top button