South Africa’s gaming startup Carry1st raised $27 million in Pre-Series B led by BITKRAFT Ventures

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South Africa’s gaming startup, Carry1st, raised $27 million in Pre-Series B led by BITKRAFT Ventures where Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy also participated.

With this transaction completing its entry into North Africa, the startup says it will continue to focus on further expansion in the Middle Eastern esports industry. GBArena will take advantage of Galactech’s on-the-ground presence and capabilities in Riyadh, Dubai, and Tunis. According to the company, the acquisition is one step closer to achieving their vision of becoming the leading aggregator in MENA, serving all stakeholders in the industry.

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South Africa’s gaming startup Carry1st raised $27 million in Pre-Series B led by BITKRAFT Ventures

South Africa’s gaming startup, Carry1st, raised $27 million in Pre-Series B led by BITKRAFT Ventures where Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy also participated.

With this transaction completing its entry into North Africa, the startup says it will continue to focus on further expansion in the Middle Eastern esports industry. GBArena will take advantage of Galactech’s on-the-ground presence and capabilities in Riyadh, Dubai, and Tunis. According to the company, the acquisition is one step closer to achieving their vision of becoming the leading aggregator in MENA, serving all stakeholders in the industry.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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