Helika, a data analytics and infrastructure provider catering to both traditional and web3 gaming sectors, has announced the successful closure of its $8M Series A funding round.
The funding round, spearheaded by Pantera Capital and complemented by Sparkle Ventures, Diagram Ventures, and Sfermion, marks a significant milestone in Helika’s journey towards revolutionizing game management.
Prominent figures from traditional gaming studios such as Scopely and SciPlay, including Spencer Tucker, Damon Gura, and Marc Alloul, have enthusiastically participated in this round, underscoring the industry’s recognition of Helika’s potential.
The influx of capital is earmarked to expedite the launch of Helika’s AI-driven Game Management products. These innovative solutions aim to empower studios in optimizing user acquisition, retention, and engagement strategies, thereby enhancing profitability across both traditional and web3 gaming domains.
Anton Umnov, Co-Founder & CEO of Helika, expressed gratitude for the overwhelming support received from both existing and new venture partners. “Having secured a dominant market share in the challenging web3 gaming space over the past year, we are poised to introduce the next generation of AI-powered Game Management products,” Umnov stated. He further outlined the company’s strategic expansion plans into the APAC market following successful operations in the US and Europe.
Franklin Bi, Partner at Pantera Capital, lauded Helika’s prowess in analyzing and nurturing web3 user activity, positioning the company as an indispensable asset in the evolving gaming landscape. Bi emphasized the pivotal role Helika’s AI Game Engine is poised to play in driving user growth and engagement across web3 and web2 platforms.
Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, and a member of Sparkle Ventures’ Investment Committee, hailed Helika as a frontrunner in web3 analytics and game management.
Siu highlighted Helika’s strategic collaborations with industry giants like Animoca Brands and its portfolio companies, affirming Sparkle Ventures’ confidence in Helika’s market leadership and product excellence. – PEVCJournal.com