Squido Studio has raised $3 million in funding to develop DigiGods, an formidable social prolonged actuality (XR) platform.
The Montreal-based maker of immersive digital experiences stated it secured the funding to speed up the event and world rollout of DigiGods.
Triptyq Capital led the funding spherical, with pled by Triptyq Capital, attracted outstanding strategic buyers like Grishin Robotics, FJ Labs, Hartmann Capital, Fairway Capital, Earthling VC, and the Canada Media Fund (CMF), which contributed $1.1M by its Innovation in Experimentation Program.
Neglect pre-built worlds with restricted interactions. DigiGods opens the doorways to a universe crafted for discerning Gen Z and Alpha customers who demand full immersion. Gamers can construct something, make objects playable, hang around with mates, and create epic adventures collectively, from neon cityscapes to fantastical forests.
“DigiGods stands out within the crowded social gaming world with unparalleled artistic freedom and emotional connection,” says David Chartrand, CEO and co-founder of Squido Studio. “Our mission is obvious: to construct an genuine, interactive digital area the place customers create and join. We’re ramping up growth, rising our staff, and launching DigiGods globally to create an immersive playground like no different.”
With this funding, Squido Studio plans to broaden its staff in Montreal, attracting prime expertise who’re enthusiastic about XR growth. That is an thrilling alternative for Quebec-based builders to contribute to advancing social gaming.
“With their revolutionary platform and gifted staff, Squido is poised to form the way forward for social interplay in XR,” says Bertrand Nepveu, Companion at Triptyq Capital. “The energy of this expertise is fostering a way of neighborhood in ways in which conventional social media platforms can’t.”
Expertise the potential of social XR
DigiGods is greater than a recreation; it’s a mixed-reality social sandbox designed to redefine how Gen Z and Alpha join, create, and collaborate. Centered in spatial computing, DigiGods breaks free from conventional limitations with options like:
- Intuitive Drag-and-Drop Creation Instruments: Customers of all talent ranges can rapidly unleash their creativity and construct digital worlds.
- Immediate Expertise Loading: Impressed by youthful generations’ fast-paced content material consumption habits, DigiGods has highly effective cloud help that eliminates wait occasions for seamless immersion.
- Superior Hand-Monitoring and Blended Actuality Integration: Pure interactions and the flexibility to mix digital and bodily environments create a very immersive expertise.
- Actual-time Multiplayer Physics Sandbox: Collaborative play reaches new heights with physics-based interactions that make each expertise dynamic and interesting.
Confirmed Management in XR
Squido Studio has a historical past of pushing boundaries. The corporate’s debut VR title, No Extra Rainbows, generated over $2 million in its first 12 months and reached an viewers of greater than 500,000 gamers. Co-founders David Chartrand and Philippe Cournoyer have a confirmed observe document in XR, positioning them completely to redefine social VR with DigiGods.
At the moment in Early Entry, DigiGods has already attracted over 100,000 gamers and boasts a 4.8/5 ranking from greater than 8,000 consumer evaluations on the Meta Quest Retailer. By the tip of the 12 months, Squido goals to succeed in a million gamers, supported by main content material updates, partnerships, participant perks, and influencer collaborations.
Help from Meta has been pivotal to Squido’s success, providing essential visibility throughout the quickly increasing VR ecosystem. With Meta’s VR consumer base rising by over 50% yearly and Meta Quest merchandise seeing a 75% enhance in engagement, this relationship ensures a protected and optimistic neighborhood expertise by superior moderation instruments.
Constructing on No Extra Rainbows’s early and rising success, DigiGods is already proving its formidable potential to attraction to a fair broader viewers in early entry.
The studio began in 2019 and Chartrand stated in an electronic mail to GamesBeat that the corporate has 22 folks, up from 16 a number of months in the past.
As for the inspiration for DigiGods, Chartrand stated, “The inspiration behind DigiGods stems from our ardour for innovating throughout the XR gaming area. We need to encapsulate the perfect points of VR know-how into compelling, feature-rich video games that push the trade ahead. The preliminary thought was impressed by the dynamic and fast content material supply seen in platforms like TikTok, the place customers can quickly construct and expertise various creations. It rapidly grew to become a a lot greater factor. “
Briefly, it delivered through TikTok, made a Roblox ecosystem with out the necessity for complicated recreation instruments, and it targeted on VR first.
As for what made it distinctive, Chartrand stated, “Its user-friendly interface permits gamers to create and modify immersive experiences with drag-and-drop simplicity rapidly. This functionality allows gamers to assemble numerous gameplay environments in mere minutes—from horror mansions to low-gravity soccer matches or an FPS deathmatch—and simply change between them. Including new thematic content material every month, reminiscent of distinctive artwork instructions, constructing blocks, and cosmetics, retains the sport recent and interesting.”
He added, “Upcoming collaborations with among the greatest names in gaming and leisure will introduce new constructing components and gadgets, enhancing the artistic potentialities out there to gamers. Keep tuned for a really thrilling Kaiju replace.”
