Squido Studio has raised $3 million in funding to develop DigiGods, an bold social prolonged actuality (XR) platform.
The Montreal-based maker of immersive digital experiences mentioned 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 traders 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 buddies, 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 evident: to construct an genuine, interactive digital house the place customers create and join. We’re ramping up improvement, rising our workforce, and launching DigiGods globally to create an immersive playground like no different.”
With this funding, Squido Studio plans to increase its workforce in Montreal, attracting prime expertise who’re keen about XR improvement. That is an thrilling alternative for Quebec-based builders to contribute to advancing social gaming.
“With their revolutionary platform and proficient workforce, Squido is poised to form the way forward for social interplay in XR,” says Bertrand Nepveu, Companion at Triptyq Capital. “The power of this expertise is fostering a way of neighborhood in ways in which conventional social media platforms can not.”
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 ability ranges can shortly unleash their creativity and construct digital worlds.
- Instantaneous Expertise Loading: Impressed by youthful generations’ fast-paced content material consumption habits, DigiGods has highly effective cloud assist that eliminates wait instances 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 fascinating.
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 yr and reached an viewers of greater than 500,000 gamers. Co-founders David Chartrand and Philippe Cournoyer have a confirmed observe report in XR, positioning them completely to redefine social VR with DigiGods.
At present 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 top of the yr, Squido goals to achieve a million gamers, supported by main content material updates, partnerships, participant perks, and influencer collaborations.
Assist from Meta has been pivotal to Squido’s success, providing vital visibility inside 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 secure and optimistic neighborhood expertise by superior moderation instruments.
Constructing on No Extra Rainbows’s early and rising success, DigiGods is already proving its bold potential to enchantment to a good broader viewers in early entry.
The studio began in 2019 and Chartrand mentioned in an e mail to GamesBeat that the corporate has 22 individuals, up from 16 a couple of months in the past.
As for the inspiration for DigiGods, Chartrand mentioned, “The inspiration behind DigiGods stems from our ardour for innovating inside the XR gaming house. We want to encapsulate the most effective elements 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 numerous creations. It shortly grew to become a a lot larger factor. “
Briefly, it delivered by way of TikTok, made a Roblox ecosystem with out the necessity for complicated recreation instruments, and it centered on VR first.
As for what made it distinctive, Chartrand mentioned, “Its user-friendly interface permits gamers to create and modify immersive experiences with drag-and-drop simplicity shortly. This functionality allows gamers to assemble varied gameplay environments in mere minutes—from horror mansions to low-gravity soccer matches or an FPS deathmatch—and simply swap between them. Including new thematic content material every month, equivalent to distinctive artwork instructions, constructing blocks, and cosmetics, retains the sport contemporary and fascinating.”
He added, “Upcoming collaborations with a number of the largest names in gaming and leisure will introduce new constructing parts and gadgets, enhancing the artistic prospects obtainable to gamers. Keep tuned for a really thrilling Kaiju replace.”
