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$2.5 M Seed funding raised by SA gaming startup Skrmiish

Skrmiish, a mobile “play-to-earn” software located in Cape Town that lets players of all skill levels earn money in every match they play across the AAA+ games they like, has secured US $2.5 million in a seed round to accelerate its worldwide expansion.

MoneyMatch, a feature created by Skrmiish and released in 2021, enables users to earn real money in every match they participate in without having to wait for a tournament or locate a peer to challenge them.

MoneyMatch blends a conventional sportsbook method with conventional AAA+ gameplay and offers it live throughout the UK and Europe. After syncing Skrmiish with their gaming accounts, players receive their MoneyMatch Rating (MMR), which is based on their performance statistics.

The firm is currently completing its US $2.5 million seed round to support it in building on its global player base of over 100,000 gamers across more than 100 jurisdictions. Skrmiish will be able to use the seed financing to debut in North and Latin America, increase monthly income, integrate more gaming franchises, and release its Skrmiish coin. In order to strengthen the existing talented staff and keep moving the business ahead, it will also try to add a few essential experienced individuals.

Launch Africa Ventures, the Blockchain Founders Fund, and Stellar are the investors in the round that have so far been officially verified.

According to Luke Grob, CEO of Skrmiish, these alliances will help the team quickly put the Skrmiish economic value system into practice and create a play-to-earn model for the vast majority of gamers worldwide.

“Skrmiish will enable every gamer in the world to earn in every match they play within the games they already love,” he said.

“This is a revolution in the accessibility to earn while playing games and democratises the competitive esports and blockchain-based gaming industries. We’re fired up to launch our new MoneyMatch feature across multiple game titles, taking the casual gamer experience to a new level of excitement that we hope will delight players around the world.”

According to Zachariah George, managing partner of Launch Africa Ventures, the young population of the African continent—whose median age is 18, compared to 42 in Europe, 35 in North America, and 31 in Asia—offers significant potential for entrepreneurs in the content and gaming industries.

“A combination of having the world’s fastest growing youth population together with an exponential increase in digital skills transfer and connectivity amongst the youth puts young Africans in pole position to be both the leading consumers and creators of content in the competitive video gaming world by 2030. The Skrmiish team are well positioned to tap into the huge market for skill-based games where we can finally see the true ‘democratisation’ and monetisation of young gaming talent,” George said.




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