Noice Secures $21m

Noice Secures $21m

Business

09 November 2023 17:51

Noice announced that the company secured a $21m investment. The company aims to combine live streaming and multiplayer gaming in one platform. The investors include Sedona Holdings, Team Builder Ventures, Bitkraft, and F4 Fund. The company will use the funding to promote the platform and grow its team.

Jussi Laakkonen, CEO and cofounder of Noice stated “Livestreaming is expensive, both from operating the platform but also coming into market as an unproven entity. 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.”

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