Hiber is getting a fresh round of funding. EQT Ventures led the round, and its partner Lars Jornow will join Hiber’s board. Jornow previously worked at King and was the chief marketing officer of Discord. Other investors in the round include Bumble Ventures, CMT Digital, and Luminar Ventures. Hiber’s CEO said that people will be downloading more mobile games by the end of 2021 than they did at the end of 2019. In addition, he predicted that people will spend a record $1.7 billion on mobile games in Q1 2021.
EQT Ventures led the round
EQT Ventures has led a $15 million funding round for the biotech company Hiber, which is focused on improving health care for diabetics. The venture capital firm has invested in over 100 companies and has made nine investments with a EUR 1 billion valuation or higher f95zoneusa . Currently, EQT’s portfolio includes companies in food, energy, climate, and creator economy sectors.
Hiber has built a platform that allows users to create and publish interactive 3D experiences and games. The company recently raised $15 million in a Series A funding round led by EQT Ventures. The round also included CMT Digital, Luminar Ventures, Bumble Ventures, and Sybo. Hiber initially launched through a browser but recently made its product mobile-first f95zone .
EQT Ventures partner Lars Jornow joined the board of directors
Lars Jornow joined the board of directors at Hiber in January 2017. Before EQT, Lars spent six years as the CEO of King Digital, which was acquired by Zynga. At King, he was instrumental in the company’s transition from web to Facebook and mobile. He was also a part of the team that created Candy Crush Saga, the most popular mobile game in history.
Lars Jornow joined EQT Ventures in April 2015 and became Co-head in January 2020. He has advised more than 15 EQT Ventures funds, most of which focus on consumer businesses. He has a diverse background that includes investments in digital health, mobile gaming, urban mobility, and SaaS software.
Mattias Johansson joined the board of directors
Hiber is a Swedish start-up that is building the next generation of social games. Its mission is to give people an entirely new way to communicate and express themselves. The company was founded in 2017 and is based in Gothenburg. It’s at the intersection of AI and connected devices, allowing people to create bite-sized games and communicate in a way that was previously unimaginable.
Hiber Ventures Raises $15M EQT 20M Takashi Venturebeat
Hiber has raised a new round of funding led by EQT Ventures. The new investment will see Hiber add EQT partner Lars Jornow to its board. Lars was previously the chief marketing officer at Discord and King. Other investors in the new round include Bumble Ventures, Luminar Ventures, and CMT Digital. According to Jornow, there will be 30% more mobile games downloaded by the end of 2021 than people will download at the end of 2019. In addition, people will spend $1.7 billion per week on games in the first quarter of 2021.
EQT Ventures
EQT Ventures is a new venture capital firm that is focusing on AI-driven companies. Founded in 2016, this fund specializes in identifying early-stage companies with potential. It uses an AI system called Motherbrain to spot hidden gems. Since the launch, this system has helped EQT Ventures make seven investments out of fifty. It has also allowed the firm’s partners to become more productive.
The firm has raised $15 million in a Series A round led by EQT Ventures. The funding includes a partnership with CMT Digital, as well as investments from Luminar Ventures and Bumble Ventures. Hiber is now working on building a platform that lets its customers create and publish user-generated video games.
EQT Ventures Leads New Funding For Hiber 15M and EQT 20M Takahashi Venturebeat
Hiber announced that EQT Ventures has led a new round of funding. The company also announced that EQT Ventures partner Lars Jornow will join the Hiber board of directors. Jornow previously worked at King and was the chief marketing officer of Discord. In addition to EQT Ventures, CMT Digital, Luminar Ventures, and Bumble Ventures also invested in the round. Lars Jornow stated that the company has a bright future, as the mobile gaming industry is expected to grow significantly. Moreover, he estimated that in 2021, people will download 30% more mobile games than they will do by the end of 2019. Moreover, in the same year, people will spend an unprecedented $1.7 billion on mobile games every week f95forum.
EQT Ventures led the round
EQT Ventures has led a new round of funding for Hiber, the Japanese startup that is aimed at helping aspiring entrepreneurs build a successful business. EQT’s fund has invested in over 100 companies in the past six years, nine of which have gone on to reach a valuation of EUR one billion and beyond. The company’s investment strategy is to focus on companies that are using technology to address social problems. Its new fund will invest in a variety of industries, including climate tech, energy, food tech, creator economy, deep tech, and fintech.
Hiber’s funding round includes USD 15 million from EQT Ventures. The company has also received funding from other investors, including Bumble Ventures, CMT Digital, and Luminar Ventures. Originally, Hiber launched as a web-based service called HiberWorld, but it has since made its platform mobile-first. Hiber’s latest investment will enable it to further expand its user base, which is already growing rapidly.
EQT Ventures partner Lars Jornow joined the board of directors
EQT Ventures partner Lars Jornew has joined the board of directors of Hiber 15 million and EQT 20 million Takahashi Venturebeat, an online gaming company. Lars is an entrepreneur and investor with a passion for ideas that have mass market appeal. He was an early employee at King Digital, helping it grow from a 50-person start-up to a 2,000-person global industry giant. Lars joined King when it was at the beginning stages of mobile gaming, where he led the team that produced Candy Crush Saga, the world’s most popular mobile game.
Lars is the co-head of EQT Ventures and joined EQT in April 2015. He has served as a lead advisory partner for more than fifteen EQT Ventures fund investments. Most of his investments have been in consumer technology companies, ranging from mobile gaming to SaaS software.
