On The Rise

Your #1 Online Choice for Positive News, Entertainment + People On The Rise To Stardom

NAS, GOOGLE INVEST $20 MILLION INTO AFRICAN GAMING PUBLISHER CARRY1ST

Nasir’ Nas’ Jones has teamed with the tech giant Google and others to raise $20 million in financial backing for South African gaming company Carry1st.

The Hollywood Reporter notes that League of Legends developer Riot Games and American venture capital firm Andreesen Horowitz were also included in the funding effort. All earnings will be used to expand Carry1st’s product and engineering teams and its content portfolio to grow its users.

“We’re excited to partner with this world-class group of investors who, in addition to capital, bring expertise across gaming, fintech, and web3,” Cordel Robbin-Coker, co-founder and CEO of Carry1st, said according to BET. “In 2021, we launched multiple games and digital commerce solutions, achieving really strong growth. Together we can accelerate this growth and achieve our goal of becoming the leading consumer internet company in the region.”

Games released by Carry1st include SpongeBob: Krusty Cook-Off, Mine Rescue, Match League, and Football Clash. The company currently employs a team of 37 people across 18 countries.
Nas has started several business ventures outside of music, including Queensbridge Venture Partners, and has invested in Lyft, Robinhood, and PillPack.
News Source: BlackEnterprise/ Written Credits by:

 


Discover more from On The Rise

Subscribe to get the latest posts sent to your email.

Let us know how you feel about this story! Leave a Reply

Discover more from On The Rise

Subscribe now to keep reading and get access to the full archive.

Continue reading