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Niantic Lands $300M Investment

2021-11-22
SAN FRANCISCO, CA, Niantic, developer of a AR gaming platform, announced that Coatue has made a $300 million investment in the company.
Niantic, developer of a planet-scale AR platform, announced that Coatue has made a $300 million investment in the company at a valuation of $9 billion.

Niantic is a leading AR technology company. Originally formed at Google in 2011, Niantic became an independent company in 2015 with a group of investors including Nintendo, The Pokemon Company, and Alsop Louie Partners. Current titles include pioneering global-control game Ingress, record-breaking AR game Pokemon GO, and recently released third title, Harry Potter: Wizards Unite.
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