Tech Company Financing Transactions
Quell Funding Round
On 2/20/2023, Quell raised $10 million in Series A funding from Tencent Holdings, Heartcore Capital and private investors.
Transaction Overview
Company Name
Announced On
2/20/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Tencent Holdings (Lead Investor)
private investors (Naval Ravikant)
Proceeds Purpose
The company intends to use the funds to upsize its launch game, Shardfall, and continue to expand its video game library.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
London, E1 6AN
USA
London, E1 6AN
USA
Phone
Undisclosed
Website
Email Address
Overview
Quell delivers a virtual fitness world that offers a unique experience of intense workout while gaming to achieve fitness goals. The startup uses resistance bands to help players get fit while fighting their way through a virtual fitness world. It coins itself as a Peloton meets gaming, and charges a monthly fee to keep content fresh.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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