Gaming Startup GXC Raises $4.73 Million Series A Round

Funding led by KONAI Partners, Hana Financial Investment Co., Ltd, SangSang Ventures, Enlight Ventures, and other investors.

Game platform, GXC, announced today that it has raised $4.73 million in a Series A equity investment. The investment round was led by various investors such as KONAI Partners, Hana Financial, SangSang Ventures, and Enlight Ventures. With its previous funding round of $2.25 million from DS Asset, and DS&Partners, GXC‘s total valuation reached approximately $36 million.

GXC is the holding company of game service platform G.Round, a community-based tool aimed to help studios refine and polish their upcoming video games with market-data feedback. The investment follows a milestone for G.Round, which has seen more than 150,000 gamers across 240 countries using it since its alpha launch in July 2020. With G.Round, game developers can improve the development process and completion of their projects before launch while also targeting global markets using test data. The platform produces valuable user data to help studios get publisher and investor interest. So far, 90 projects have been tested globally through G.Round.

Based on this investment, GXC aims to expand its global game testing to the mobile sector by launching a service for G.Round by the end of this year. In addition, after testing, GXC plans to provide a data subscription service to publishers who want to source global game content in earnest from next year through the advancement of the online data analysis system for user/region preferences, and to date GXC has already secured partnerships with 40 global publishers as partners.

Another core part of GXC‘s business includes gaming accelerator program Global Top Round (GTR). The accelerator chooses 10 gaming startups from around the world every year and supports their growth with investment and guidance. GTR plays an increasingly important role in establishing G.Round in the global market. GTR has already invested in more than 50 game companies in the United States, Brazil, France, Germany, Korea, Sweden, Spain, Italy, and Malaysia. GTR will reveal multiple new titles and publishing partnerships later this year.

“There has never been a greater need for video game market data and community-based feedback than now,” said Rick Nahm, Chief Operating Officer of GXC. “Our platform and mission is derived around instantaneous, in-depth data for game developers to improve every facet of their projects by leveraging global analytics. It’s time to scale and expand our business by tapping new demographics.”

About GXC

GXC looks to establish a healthy ecosystem in gaming by identifying the gaps, deficiencies, and unmet needs in the sector. In a revolutionary attempt, GXC has set a tri-pod of a model with GTR the accelerator, G.Round the user data driven platform, and Round Ventures the data driven investment vehicle to tend to unmet needs and create enormous synergy with GXC’s gaming ecosystem. For more information, please visit: https://gxc.games/

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Nathan Stevens

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I have always enjoyed playing video games and am a programming team lead for a video game company. I co-founded Gaming Cypher because I enjoy the gaming community and would like to provide the best news service around. Feel free to ask me any questions and I will make sure to get back to you quickly.