The gaming industry is leveling up, and a new generation of startups is leading the way. Founded after 2020, these 10 companies are pushing boundaries in immersive gameplay, game development tools, and social experiences. With $5M–$10M in recent funding, they’re building the future of interactive entertainment.
Meet 10 Rising Gaming Startups That Secured $5M-$10M in Funding
From AI-enhanced worlds to multiplayer platforms and creator-focused tools, these startups are redefining what’s possible in gaming. Backed by strong funding, they’re set to change how we play, build, and connect.
Let’s take a look at the studios shaping the next era of gaming.
| Company | Founded | Location | Number of Employees | Last Funding Amount | Last Funding Date | Total Funding Amount |
|---|---|---|---|---|---|---|
| Soulbound | 2022 | Lewes, Delaware | 11-50 | $4.00M | Aug 20, 2024 | $7.60M |
| Midsummer Studios | 2023 | Hunt Valley | 11-50 | $6.00M | May 14, 2024 | $6.00M |
| MegaMod Inc. | 2022 | New Castle | 1-10 | $1.90M | Jun 19, 2024 | $5.27M |
| Pixelmon | 2021 | New York | 51-100 | $8.00M | Feb 1, 2024 | $8.00M |
| Playtron | 2022 | Palo Alto | 11-50 | $10.00M | Mar 18, 2024 | $10.00M |
| Top App Games | 2024 | Nicosia, Cyprus | 101-250 | $10.00M | Dec 5, 2024 | $10.00M |
| Stoke Games | 2023 | Los Angeles | 11-50 | $5.50M | Feb 8, 2024 | $5.50M |
| Curio Research | 2021 | San Francisco | 1-10 | $5.70M | Aug 6, 2024 | $8.60M |
| ScratchMobile | 2024 | Fort Lauderdale | 1-10 | $9.31M | Nov 12, 2024 | $9.31M |
| Oxalis Games | 2020 | London, England | 1-10 | $2.00M | Oct 15, 2024 | $6.50M |
1. Soulbound
- Founded: 2022
- Location: Lewes, Delaware, USA
- Industry: Gaming, Metaverse
- Number of Employees: 11-50
- Last Funding Amount: $4M (Latest Round: August 20, 2024)
- Total Funding Amount: $7.6M
Soulbound is a dynamic gaming company that operates at the intersection of the gaming world and the metaverse. Founded in 2022 and based in Lewes, Delaware, Soulbound focuses on creating immersive experiences that allow players to own their journey within virtual worlds. The company is at the forefront of integrating blockchain and metaverse technologies, enabling players to truly own and control their in-game assets.
With a team of innovative thinkers, Soulbound is developing the next generation of gaming experiences that push the boundaries of interactive entertainment. Their platform emphasizes player empowerment and ownership, providing an unparalleled level of involvement in the virtual environments they create.
2. Midsummer Studios
- Founded: 2023
- Location: Hunt Valley, USA
- Industry: Gaming
- Number of Employees: 11-50
- Last Funding Amount: $6M (Latest Round: May 14, 2024)
- Total Funding Amount: $6M
Midsummer Studios, founded in 2023 and located in Hunt Valley, USA, is an innovative gaming company focused on crafting unique and engaging gaming experiences. With a growing team of talented professionals, Midsummer Studios is dedicated to pushing the limits of storytelling, world-building, and interactive gameplay. Their goal is to create games that resonate with players, offering fresh narratives and immersive environments.
With their latest funding, Midsummer Studios is set to expand its reach and continue developing high-quality games that captivate audiences worldwide. The company’s commitment to innovation and excellence positions it as an exciting player in the gaming industry.
3. MegaMod Inc
- Founded: January 11, 2022
- Location: New Castle, USA
- Industry: Gaming
- Number of Employees: 1-10
- Last Funding Amount: $1.9M (Latest Round: June 19, 2024)
- Total Funding Amount: $5.27M
MegaMod Inc. is a dynamic gaming company founded in 2022 and based in New Castle, USA. Specializing in innovative gaming solutions, MegaMod is committed to delivering exciting and immersive gaming experiences. With a small but passionate team, they focus on developing high-quality games that offer fresh gameplay mechanics and engaging stories.
Their latest funding round is fueling the development of even more innovative projects, further establishing MegaMod Inc. as a key player in the gaming space. The company’s mission is to push the boundaries of gaming through creativity, cutting-edge technology, and a commitment to excellence.
4. Pixelmon
- Founded: 2021
- Location: New York, USA
- Industry: Gaming
- Number of Employees: 51-100
- Last Funding Amount: $8M (Latest Round: February 1, 2024)
- Total Funding Amount: $8M
Pixelmon is an innovative gaming company based in New York, founded in 2021. Specializing in the development of AI-powered gaming experiences, Pixelmon creates immersive worlds where players can explore, battle, and interact with uniquely designed creatures. Their mission is to redefine the gaming experience by combining artificial intelligence with high-quality gaming content.
With their latest funding, Pixelmon is poised to enhance its offerings and expand its reach in the gaming industry. Their focus is on building a community-driven platform where players can fully engage with the game world and each other, bringing a fresh and interactive experience to fans worldwide.
5. Playtron
- Founded: 2022
- Location: Palo Alto, USA
- Industry: Gaming
- Number of Employees: 11-50
- Last Funding Amount: $10M (Latest Round: March 18, 2024)
- Total Funding Amount: $10M
Playtron, based in Palo Alto, California, is an emerging player in the gaming industry, founded in 2022. The company is focused on creating engaging and innovative gaming experiences that integrate advanced technologies to bring new levels of interaction and creativity. With a strong vision for expanding the gaming world, Playtron aims to push the boundaries of entertainment, offering immersive gameplay that resonates with both casual and competitive gamers.
The latest funding will help Playtron further refine its gaming platform and expand its community of players worldwide. By leveraging cutting-edge technology and providing exceptional gameplay experiences, Playtron seeks to become a leader in the evolving gaming space.
6. Top App Games
- Founded: 2024
- Location: Nicosia, Cyprus
- Industry: Gaming, Mobile Apps, Video Games
- Number of Employees: 101-250
- Last Funding Amount: $10M (Latest Round: December 5, 2024)
- Total Funding Amount: $10M
Top App Games, founded in 2024 and based in Nicosia, Cyprus, is an emerging player in the mobile gaming industry. The company specializes in developing mobile apps and video games that cater to a global audience. With a team of skilled professionals, Top App Games focuses on creating fun, innovative, and engaging experiences across multiple genres of mobile gaming.
The latest funding round of $10M will support their mission to expand their portfolio and continue building interactive, high-quality mobile games that captivate users worldwide. With its cutting-edge technology and a passion for creating immersive experiences, Top App Games is set to become a significant force in the mobile gaming landscape.
7. Stoke Games
- Founded: 2023
- Location: Los Angeles, California, USA
- Industry: Gaming
- Number of Employees: 11-50
- Last Funding Amount: $5.5M (Latest Round: February 8, 2024)
- Total Funding Amount: $5.5M
Stoke Games, founded in 2023 and headquartered in Los Angeles, specializes in developing dynamic and engaging video games. With a talented team of developers, the company focuses on creating innovative gaming experiences that resonate with players across various genres. Stoke Games aims to push the boundaries of interactive entertainment and deliver fun, captivating games that keep players coming back.
The recent funding of $5.5 million will help Stoke Games expand its operations and continue to produce high-quality gaming experiences. As the company grows, it remains committed to its mission of creating immersive worlds and pushing the limits of gaming technology.
8. Curio Research
- Founded: 2021
- Location: San Francisco, California, USA
- Industry: Gaming
- Number of Employees: 1-10
- Last Funding Amount: $5.7M (Latest Round: August 6, 2024)
- Total Funding Amount: $8.6M
Curio Research, based in San Francisco, is a cutting-edge gaming company focused on blending innovative game mechanics with blockchain technology. Founded in 2021, the company specializes in developing gaming experiences that cater to the rapidly growing intersection of the gaming world and decentralized systems. With a focus on creating immersive and engaging games, Curio Research aims to redefine how players interact with virtual worlds. The company’s most recent funding round raised $5.7 million, enabling it to expand its creative capabilities and accelerate the development of new and exciting projects.
9. ScratchMobile
- Founded: 2024
- Location: Fort Lauderdale, Florida, USA
- Industry: Gaming, Mobile Apps, Online Games
- Number of Employees: 1-10
- Last Funding Amount: $9.31M (Latest Round: November 12, 2024)
- Total Funding Amount: $9.31M
ScratchMobile is a dynamic startup based in Fort Lauderdale, Florida, focused on revolutionizing the mobile gaming experience. Founded in 2024, the company specializes in developing cutting-edge mobile apps and online games that offer engaging, interactive, and fun experiences for players worldwide. ScratchMobile aims to push the boundaries of mobile gaming by integrating innovative gameplay mechanics and seamless technology, creating unique and immersive worlds for players. With $9.31 million in recent funding, the company is poised for rapid growth and is set to deliver exciting new titles to its expanding player base.
10. Oxalis Games
- Founded: 2020
- Location: London, England, United Kingdom
- Industry: Gaming, Online Games, Video Games
- Number of Employees: 1-10
- Last Funding Amount: $2M (Latest Round: October 15, 2024)
- Total Funding Amount: $6.5M
Oxalis Games is an innovative gaming studio based in London, dedicated to creating immersive online and video games. Established in 2020, the company has quickly gained attention for its unique and engaging titles. Oxalis Games focuses on delivering memorable player experiences through captivating storytelling, stunning visuals, and intricate gameplay mechanics. With $6.5 million in total funding, the company is primed to expand its portfolio and continue shaping the future of interactive entertainment. Their strong social media presence and commitment to excellence in gaming make them a rising star in the gaming world.
Conclusion
These 10 gaming startups, each founded after 2020 and backed with $5M–$10M in funding, are redefining the future of play. From immersive virtual worlds to cutting-edge game engines, they’re building the next era of interactive entertainment. Their innovation, fueled by fresh capital, is reshaping how players engage, compete, and connect globally.
FAQs
Q. What makes these gaming companies different from traditional game developers?
Answer: These startups are exploring new frontiers in the gaming world by integrating emerging technologies like blockchain, AI, and virtual reality. They prioritize player ownership, interactive gameplay, and creating immersive worlds that offer deeper engagement and more dynamic experiences than conventional gaming companies.
Q. How will these startups impact the future of gaming?
Answer: By leveraging innovative technologies and new business models, these startups are set to redefine the gaming experience. Whether it’s through player ownership of in-game assets, creating AI-driven narratives, or expanding into the metaverse, they are pushing the gaming industry toward more engaging and immersive experiences.
Q. How can I support or invest in these startups?
Answer: Many of these startups may offer opportunities for investment or support through crowdfunding platforms or by partnering with venture capital firms. You can stay informed by following their websites or investor relations pages to learn about investment opportunities or ways to get involved in their projects.