Just over a year after its $200m series B round, Pokémon Go developer Niantic is raising another $200m from investors including Samsung and Axiomatic Gaming.
US-based augmented reality (AR) mobile game developer Niantic is in the process of raising $200m in funding from investors including consumer electronics maker Samsung, the Wall Street Journal reported yesterday.
The round is expected to also feature eSports group Axiomatic Gaming, and venture capital firm Institutional Venture Partners as lead investor. It will value Niantic at $3.9bn, people familiar with the matter told the WSJ.
Niantic was formed in 2010 as an internal startup at internet technology provider Google before…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
