February 17, 2025 - 14:47
PHȲND, an innovative cloud gaming platform that operates without a subscription model, has successfully raised $10 million in a seed funding round. This financing was spearheaded by Wellington Management, with additional contributions from notable investors including Bessemer Venture Partners, Connecticut Innovations Fund, and professional soccer player Jozy Altidore.
The funding will be instrumental in advancing PHȲND's mission to revolutionize the gaming experience on smart TVs. By eliminating subscription fees, the platform aims to make gaming more accessible to a broader audience. The investment will enable PHȲND to enhance its technology, expand its gaming library, and improve user experience, positioning itself as a leader in the competitive cloud gaming market.
As the demand for seamless gaming experiences continues to grow, PHȲND is poised to capitalize on this trend, offering gamers a unique opportunity to enjoy high-quality gaming without the financial burden of monthly fees. The future looks bright for PHȲND as it embarks on this exciting journey.
