Noice raises $21M for multiplayer game and livestreaming platform
Noice has raised $21 million to revolutionize social gaming with a combination of livestreaming and multiplayer gaming in one platform.
This capital injection marks a big moment for Noice as it charts a course to transform livestreaming by engaging viewers as active participants within the gameplay experience, said Jussi Laakkonen, CEO and cofounder of Noice, in an interview with GamesBeat.
The investors include a notable lineup of seasoned entrepreneurs, including luminaries behind successful companies like Supercell and Wolt. The investor roster features key Mikko Kodisoja and Ilkka Paananen, co-founders of Supercell; Miki Kuusi and Riku Mäkelä, cofounders of Wolt; Petri Järvilehto, cofounder of Seriously Entertainment; and Laakkonen, cofounder of Noice and Applifier.
Professional investors, including Sedona Holdings, Team Builder Ventures, Bitkraft, and F4 Fund, have also joined the funding round. To date, the company has raised a cumulative $27 million across two funding rounds, including the earlier $5 million seed round.
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The company will use the funding for promoting the platform and growing its team.
“Livestreaming is expensive, both from operating the platform but also coming into market as an unproven entity,” he said. “You have to make sure that people can trust you, which means potential minimum guarantees or commitments for creators to try out a new plan. So it’s marketing, these type of guarantees, development, and operating costs.”
Laakkonen was previously executive vice president at Unity. He
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