Playbite raises $1M to bring back the magic of arcades for mobile games
Playbite has raised $1 million to bring back the magic of arcades on mobile gaming devices.
The company is making casual games that are part of an arcade-inspired hub on iOS and Android.
Grishin Robotics, a tech industry investor, led the round of funding with participation from M25, Tundra Ventures, Capitalize VC, and Magic Fund.
Playbite aims to capture the essence of the traditional arcade experience and bring it into the modern age on mobile devices, said Diego Kafie, CEO of Playbite, in an interview with GamesBeat. There are already 42 games on the platform.
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“We want to be ubiquitous with casual games on your phone, just as Spotify is ubiquitous,” Kafie said. “It’s not just a game, but a platform with a lot of games that everyone from a teenager to a grandparent can enjoy.”
The platform seeks to create a singular destination where users can engage in fun and simple games with others, customize their own items and experiences, and even have the chance to win exciting prizes from their favorite brands. It also wants to keep engagement high by bringing back players over and over.
The recreation of the arcade magic for the modern age holds immense potential, Kafie said, as it caters to the nostalgia of those who fondly recall the joy of arcade gaming while also appealing to a new generation of gamers seeking engaging and interactive experiences.
Kafie reminisced about his childhood experiences and the inspiration behind the platform’s vision. Growing up in Honduras, he would often visit Orlando, Florida for vacations.
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