Electric Gamebox Raises $25M in Series A2 Funding

Electric Gamebox, a UK-based gaming platform company, raised $25M in Series A2 funding.

The round was led by Philian, with participation from Brookfield Asset Management, Index Ventures, and ActivumSG.

The company intends to use the funds to accelerate expansion in the US and UK including 100 new locations over the next two years and 1,000+ locations by 2026.

Co-founded by CEO Will Dean and CFO David Spindler, Electric Gamebox delivers hyper-immersive games in interactive digital smart rooms, or ‘Gamebox’ gaming pods. The Gameboxes – which can host two to six players at a time – feature a range of technologies including projection mapping, touch screens, 3D motion tracking and surround sound without the need for headsets.  Originating in Central London in October 2019, the company now has locations in Essex and Manchester in the UK, and Dallas.  

Brookfield will leverage its real estate portfolio to bring Electric Gamebox to its retail locations. Over the next year, Electric Gamebox will be opening locations at Oakbrook Center, Chicago; The Woodlands Mall, Houston; Fashion Place, Salt Lake City; Victoria Gardens, LA/San Bernardino; and Ballston Quarter, Arlington. Electric Gamebox concessions are also coming to San Antonio, in partnership with Santikos Movie Theaters. 

Electric Gamebox currently has six games, designed by its in-house game studio with plans to release additional games in 2021. New games will be released monthly. 

FinSMEs

10/06/2021