Exciting News! 🚀
Thrilled to announce that PixCapital has joined forces with other leading investors General Catalyst, Aptos Labs and Maelstrom Fund, among others, in backing STAN, the promising Bengaluru-based gaming startup, with a total investment from existing and new investors of $2.7 million in its latest Pre-Series A funding round!
🌐About Stan :
STAN is a pioneering esports and gaming fan engagement platform, providing an ecosystem for creators to build and monetize their communities, while users can engage with their favorite celebrities through digital collectibles, chat or audio rooms. STAN is a companion app that has already entertained more than 4 million users in 18 months, handling 50 million annualized microtransactions. With 75% of its user base hailing from tier 2 and tier 3 cities, STAN is revolutionizing the gaming landscape in India and beyond.
🚀 Why we invested:
Before investing, we had the opportunity to follow the team for a while, and the progress they made during that period was nothing short of astounding, building on a product-first approach to growth. PixCapital is thrilled to be part of this journey as STAN aligns perfectly with our belief in the powerful crossover between innovation, creativity and community, while committing to a sustainable business model, which these days is no longer a plus.
💡 STAN’s vision :
By fostering new economic opportunities for creators to monetize their passion seamlessly, and driving gamers’ engagement through a deep sense of belonging, STAN is set to be a transformative force within the gaming ecosystem.
🤝 Launching PixCapital :
STAN is among PixCapital’s first investments, and we couldn’t be happier about beginning our own journey than by partnering with such a professional team.
🙌 Team first :
STAN is among PixCapital’s first investments, and we couldn’t be happier about beginning our own journey than by partnering with such a professional team.
