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Venture Capital News: Singularity Raises $30M Series B Financing

2021-07-01
LOS ANGELES, CA, Singularity 6 has raised $30 million in a Series B financing round led by FunPlus Ventures.
Singularity 6, the Los Angeles-based developer dedicated to the idea of delivering more meaningful online game experiences, has raised $30 million in a Series B financing round led by FunPlus Ventures. The funding also included previous investors Andreessen Horowitz (a16z) and LVP, as well as Transcend and Anthos Capital, and game industry veteran Mitch Lasky. The investment will fuel the development and launch of the recently revealed massively multiplayer community sim game, Palia, and help Singularity 6 deliver a beautiful and fun online game experience designed to create community, friendships, and a real sense of belonging.

Founded by Aidan Karabaich and Anthony Leung, Singularity is made up of a diverse group of game industry veterans from leading companies such as Blizzard, Epic, Riot, and Sony. The new funding will allow the studio to continue to recruit top talent from across the industry who can deliver on its bold vision.
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