Tech Company Financing Transactions
F1 Arcade Funding Round
F1 Arcade, based in Boston, received $130 million from Cheyne Capital, Liberty Media and OakNorth Bank.
Transaction Overview
Company Name
Announced On
7/12/2024
Transaction Type
Venture Equity
Amount
$130,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
87 Pier 4 Blvd.
Boston, MA 02210
USA
Boston, MA 02210
USA
Phone
Website
Email Address
Overview
F1® Arcade is a thrilling new simulation racing experience in the US, offering all the excitement, drama, and glamor of Formula 1. Featuring full-motion racing simulators, world-class food and a selection of enticing cocktails, this is truly unrivaled social gaming.
Management Team
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