Quell: Raises $10M in Series A Funding

Quell Raises $10M in Series A Funding

  • Quell, a London, UK-based fitness gaming developer, raised $10M in Series A funding
  • The round, which brought total financing to $15.6M, was led by Tencent participation from Khosla Ventures, Heartcore Capital, Social Impact Capital and Naval Ravikant
  • The company intends to use the funds to upsize its launch game, Shardfall, and continue to expand its video game library
  • The company  is a fitness gaming developer. Its ‘Impact’ platform offers a dedicated fitness gaming system, built to deliver high-impact training in immersive digital worlds
  • Its lightweight motion and fitness-tracking technology is combined with athlete-grade resistance bands to deliver real-world feedback, resistance and tracking to player action, burning over 600kcal an hour on average
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Scammers Impersonate NAB Trade’s Tom Piotrowski to Endorse Fraudulent Investments

NAB Trade warns investors about the ongoing impersonation scams targeting clients.Highlights: Scammers are impersonating Tom Piotrowski from NAB...

Bermuda Strengthens Onchain Economy with New Regulatory Framework

Government seeks to attract blockchain innovation and investment.Highlights: Bermuda introduces new regulations to boost its onchain economy.The framework...

Australia Tightens Cash Acceptance Rules for Retailers

New regulations will impact how retailers handle cash transactions.Highlights: Australia introduces stricter cash acceptance rules for retailers.The new...

Trump Calls on Congress to Cap Credit Card Rates

The former president urges lawmakers to limit high interest rates amid economic concerns.Highlights: Trump advocates for capping credit...