Categories: Funding

Bionic Panda Grabs Seed Round

Bionic Panda Games, a mobile gambling company focused on casual social games for the Android platform, today announced that it has raised seed funding from a strong investor syndicate, including SoftTech VC, Norwest Venture Partners, Google Ventures, 500 Startups, and angels Craig Sherman and Kal Vepuri.

Bionic Panda Games was founded by Charles Hudson and Mike Jimenez, who worked together at Serious Business, the creator of the popular game Friends for Sale, which Zynga acquired in February 2010. Hudson, CEO of the company, is also a Venture Partner at SoftTech VC and has previously worked with Google, Gaia Online, IronPort Systems and In-Q-Tel. Jimenez, CTO of the company, previously had several start-ups, including Cybersource Corporation, which was acquired by Visa for $2 billion in April 2010, and BitTorrent.

“There’s a tremendous opportunity to build the original casual mobile social games on the Android platform. Its open nature makes it the perfect environment for experimenting with new game concepts and engagement models,” said Hudson. With more than 550,000 new device activations every day, Android clearly has a market momentum among consumers, and we’re excited about the opportunity Android represents. “That’s right.

“There are tremendous opportunities to build mobile game franchises on the Android platform,” said Joe Kraus, Google Ventures partner. “Bionic Panda is an early leader on the Android platform, and we’re excited to work with their team as they pursue their passion for developing the next generation of casual mobile social games. “That’s right.

Bionic Panda Games has already released its first title, Aqua Pets, which has hit more than 3 million downloads and is the top 100 app on the Android market. The company is working on a series of additional titles and is continuing to develop its own social platform to connect players within its gaming network.

About the Organic Panda Games

Bionic Panda Games is an Android-based mobile social game company based in San Francisco, CA. Founded in 2010, the company has put together a strong team with deep backgrounds in the development of mobile and social games. The company’s first game, Aqua Pets, is on the Android Market today.

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/Bionic%20Panda/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

Arpit Jain

Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

Leave a Comment
Share
Published by
Tags: INVC

Recent Posts

Commentary on HealthTech Startups in Singapore

Singapore has always had a progressive healthcare system with prioritizing innovative solutions to the existing…

3 years ago

What are Ponzi Schemes?

A Ponzi scheme is a fraudulent investment scheme that aims to give its investors high…

3 years ago

Commentary on Prop Tech in China

According to the Global Prop tech Survey, 2019 published by KPMG one of the key…

3 years ago

How do shell companies operate?

In April 2016, the world witnessed one of the biggest information leaks in history, consisting…

3 years ago

Singapore based cybersecurity company Silent Eight raises $8.8M

Silent Eight a global technology company that helps combat money laundering and terrorism financing using…

3 years ago

Retail-tech startup Gully Network Raises $1.2 Million

Indian startup Gully Network Retail Pvt Ltd, a retail-tech startup focused on providing services to…

3 years ago