Hiber has raised a new round of laws4life funding led by EQT Ventures, and EQT Ventures partner Lars Jornow will join Hiber’s board. Lars is a former chief marketing officer at Discord and has extensive experience in mobile games. Other investors in the round include CMT Digital, Luminar Ventures, and Bumble Ventures. According to Lars, the mobile game market is expected to hit $1.7 billion per week in the first quarter of 2021, making this a great time for Hiber.
EQT Ventures led the round
EQT Ventures is the leading venture capital fund in Europe with a focus on early-stage technology startups. This fund raised EUR 1.1 billion, of which EUR one billion is fee-generating. The company has invested in more than a hundred companies. The fund will support companies that use technology to address societal challenges. It plans to focus on food and energy technology, as well as deep tech and creator economy.
Hiber’s recent $15 million funding round lawyerdesk was led by EQT Ventures, with participation from other investors including CMT Digital, Luminar Ventures, Bumble Ventures, and Sybo. Hiber originally launched as a browser-based platform, but has now become mobile-first. The latest investment round will allow Hiber to further expand its user base and scale its platform.
EQT Ventures partner Lars Jornow joined the board of directors
EQT Ventures partner Lars Jornew lawyersmagazine has joined the board of directors of Hiber 15M and Takahashi Venturebeat, both of which have raised a total of $120m in funding. Lars previously worked at King Digital, where he joined in 2009 and spent six years working on the transition from web to mobile. In particular, he managed the team that developed Candy Crush Saga, one of the most popular mobile games of all time.
Lars Jornow publiclawtoday joined EQT Ventures in April 2015 and was promoted to Co-head of the firm in January 2020. His experience includes more than fifteen EQT Ventures fund investments, with a focus on consumer-facing businesses. He has advised on everything from mobile gaming to digital health, urban mobility, SaaS software, and more.
Yngfors and Johansson joined the board of directors
The investment round was led by EQT Ventures, and EQT Ventures partner Lars Jornow will join the board of directors. Jornow was previously with King and served as the chief marketing officer of Discord. The round also included Luminar Ventures, Bumble Ventures, and CMT Digital. Hiber continues to focus on removing friction between user-generated content and self-expression. The company has over one million active users who create everything from memorials to personal messages. Users can even make homages to famous platform games, which makes Hiber unique among social gaming platforms.
Hiber was founded by two former adtech executives who shared an interest in the intersection of entertainment and creativity. When it formally launched in 2017, it began to attract top talent from traditional tech and the games industry. The company now has a staff of 35 and has raised $20 million. The company’s software makes it easy for users to create their own mobile games without any programming knowledge.
EQT Ventures Leads $15M Investment in Hiber
Hiber has raised $15 million from EQT Ventures in a Series A round. In addition to this investment, Hiber has also welcomed EQT partner Lars Jornow to its board of directors. 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 says that a recent study found that people will spend $1.7 billion a week on mobile games by 2021.
EQT Ventures led the round
EQT Ventures has led a 15 million round for hiber. The company has been investing in early-stage technology startups for over six years. It has invested in over 100 companies, nine of which are now valued at EUR 1 billion or more. The latest round is a continuation of the firm’s strategy of supporting companies that use technology to solve social challenges. The company is currently investing in the areas of food tech, energy, creator economy, deep tech and fintech.
Hiber is a platform that enables users to publish user-generated games and experiences on the web. It has raised $15 million in a Series A round led by EQT Ventures. The round also included participation from CMT Digital, Luminar Ventures, Bumble Ventures, Sybo, and Konvoy Ventures. Hiber originally launched as a browser-based platform, but has since become mobile-first.
Hiber also has some competitors. Microsoft Minecraft and Roblox have similar functionality but are less focused on procedurally generated worlds. TikTok and Snapchat are also competing in the short-form content category, but Hiber’s service allows users to create their own games in their browser without downloading anything.
EQT Ventures partner Lars Jornow joined the board of directors
Lars Jornow was an investor in a number of startups before joining EQT Ventures. He is passionate about ideas that have mass appeal. He is always on the lookout for consumer-centric startups. Previously, he joined King Digital in its early days when there were only 50 employees. He has since helped the company grow into a global company with over 2,000 employees. Lars has also worked with Small Giant Games, which was later acquired by Zynga. Also, he founded and managed the team that created Candy Crush Saga, one of the most popular mobile games ever.
Previously, he worked for King Digital and built the Candy Crush Saga mobile game that was later downloaded over 2 billion times. He uses his experience building and scaling a global company to help startups with their growth. His experience includes investments in digital health, mobile gaming, urban mobility, and SaaS software.
Yngfors and Johansson join EQT Ventures
EQT Ventures has raised a round of investment in Hiber, a Swedish startup that is developing a mobile chat platform. As part of the deal, EQT Ventures has brought on Lars Jornow, a partner at the venture capital firm, who was formerly chief marketing officer of Discord. Besides EQT, Hiber has also secured funding from Bumble Ventures, CMT Digital, and Luminar Ventures. Hiber’s founders and management team focus on the emerging creative economy and UGC.
The company’s audience has created more than one million interactive experiences in Hiber, including traditional game content, personal messages, and challenges. Hiber also offers a touch creation mode, which lets users create experiences on mobile devices with touch screens. While the product is aimed at teenagers, it also offers an adult audience.
Hiber, based in Gothenburg, Sweden, was founded in 2017 by Michael Yngfors. The company’s main product is Hiber World, which allows people to create games in their browser, as well as play games that other people have created. Hiber has hosted more than a million experiences, including 3D hangouts, virtual worlds, games, and interactive science museums. Hiber has raised $1.5 million in seed funding and is aiming to be profitable by 2021.
Hiber is a social gaming app that allows people to create games and interactive 3D experiences. EQT Ventures led the round of funding and the company has since gone mobile-first. Other investors include CMT Digital, Luminar Ventures, bestlawyers360 Bumble Ventures, and Konvoy Ventures odisha discom
