The 3D lifestyle gaming company wins strategic backing from Metaverse Services, a China-based gaming company.
Metaverse Services, a China-based gaming company has helped Frenzoo, a Hong Kong-based 3D lifestyle gaming company, raise $1m.
Frenzoo was backed by Efficient Corporate, the investment vehicle of Hong Kong-based angel investor Tytus Michalski, and venture firms Siemer Ventures as well as K5 Ventures.
They joined prior backer Ambient Sound Investments, a venture firm founding engineers of Skype, in the round.
Doug Glen, whose previous roles include Chief Strategy Officer of Mattel, has joined Frenzoo’s board.