Web3 and social games publisher Carry1st has raised $20 million in series A funding to further expand product development in Africa — a continent that could become the premier hub for the gaming industry over the next decade.
The investment round was led by Silicon Valley venture firm Andreessen Horowitz, which has been highly active in the blockchain space, with additional participation from Avenir and Google-parent alphabet. Carry1st’s existing backers, including Riot Games, Konvoy Ventures, Raine Ventures, and TTV Capital, also participated in the investment round.
As a leading publisher of social games in Africa, Carry1stappears to be in a unique position to capitalize on this potential.
The company has publishing deals with several developer studios, including Tilting Point, the publisher of Nickelodeon’s SpongeBob: Krusty Cook-Off and Sweden's Raketspel.
