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.
In Africa, Carry1st was established as a publisher of social games and interactive media. The company claims that the acquisition is a step in the right direction toward realising their vision of becoming the premier aggregator in MENA, serving all industry stakeholders. The startup claims that its focus will remain on furthering expansion in the Middle Eastern esports industry now that the entry into North Africa has been accomplished through this transaction.