Deal Street

African Startup Funding Tracker

$1,575,962,081+

*Data updated daily at 18:00 EAT

Gaming Platform GBarena Raises Six-Figure pre-Series A Funding
Gaming Platform GBarena Raises Six-Figure pre-Series A Funding

GBarena, a Cairo-based gaming and tournament platform, has secured a six-figure pre-Series A funding round led by angel investors Ahmed AboudomaKushal Shah, and the HIM Angels network. GBarena will use the new funds to develop and generate new services, such as a digital store integrated with a unique GBarena coin currency that will allow gamers to purchase in-game items directly from the platform.

GBarena aims to create an online gaming community connecting gamers with tournament organizers and providing them with a platform that helps them manage their tournaments through fully automated processes. Gbarena’s revenue-generating opportunity lies in the intricacy of its data analytics, helping brands reach their filtered target audiences based on user demographics and activity.