Carry1st raises R300m in latest capital drive
The SA-based mobile games publisher bagged the cash in a round led by a US venture capital fund
21 January 2022 - 13:33
Carry1st, an SA-based mobile games publisher, has raised more than R300m in a new funding round, led by Andreessen Horowitz, one of the largest US venture capital funds, as more foreign investors aim to capitalise on growth in local technology companies.
Carry1st, which specialises in mobile games and interactive content, raised $20m (R302.56m) through a Series A extension led by Andreessen Horowitz, a Silicon Valley firm cofounded by billionaire investor Marc Andreessen, with more than $16bn under management. The capital raise also saw participation from US investment firm Avenir, and Google...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.