×

‘Meaningful’ Games Start-Up Singularity 6 Raises $16.5 Million Round Led by Andreessen Horowitz

Singularity 6, the start-up founded by ex-Riot Games developers that’s aiming to create a community-oriented game where players “can feel like they are valued and belong,” closed $16.5 million in Series A financing.

The funding round was led by venture-capital firm Andreessen Horowitz, with participation from seed investor London Venture Partners (LVP), which previously put $2.5 million into the L.A.-based start-up, and FunPlus Ventures, the investment arm of Chinese mobile games company FunPlus.

Singularity 6 was founded in 2018 by Aidan Karabaich and Anthony Leung, former leads at Riot Games, the company behind “League of Legends.” The company hasn’t spelled out exactly what it’s working on but says its first game will be a community-simulation environment that emphasizes multiplayer and virtual community building in a “stylized, high-fantasy world.”

Karabaich told Variety last fall that the Singularity 6 simulation is influenced by games including “Animal Crossing,” “Stardew Valley” and “The Legend of Zelda: Breath of the Wild.”

“We started Singularity 6 because we knew that games are significant on a personal level, they are more than mere entertainment, but rather a path to community, friendships and a real sense of belonging,” Leung, who serves as Singularity 6’s CEO, said in a statement.

Popular on Variety

With the funding, Andrew Chen, general partner at Andreessen Horowitz, is joining the start-up’s board. “The Singularity 6 team is revolutionizing the way that people experience community and socialize within game experiences,” Chen said.

Pictured above: Singularity 6’s Anthony Leung (l.) and Aidan Karabaich

More Digital

  • VRrOOm Launching VR Platform for Immersive,

    VRrOOm to Launch VR Platform for Immersive, Multi-User Streaming of Live Events

    French VR company VRrOOm is launching a six degrees of freedom (6-DoF) social VR platform that operates within the VRChat live platform, and enables multiple users to take part in live events, and includes the possibility of real-time photo-realistic representation. Louis Cacciuttolo founded VRrOOm in 2016 after working three years at THX in San Francisco. [...]

  • Any Given Wednesday With Bill Simmons

    Spotify in Talks to Acquire Bill Simmons' The Ringer: Report

    Spotify is in early talks to acquire The Ringer, the digital content and podcast network launched by ESPN alum Bill Simmons in 2016, according to a report in the Wall Street Journal. A representative for Spotify declined to comment on the report. Reps for Ringer did not immediately respond to a request for comment. Spotify’s [...]

  • Ted Sarandos Milestone Award PGA

    Netflix Leader Ted Sarandos Plans Broader Creative Push for the Future

    Ted Sarandos, who has helped to upend the way audiences receive and consume entertainment as Netflix’s chief content officer, will be honored with the Milestone Award at the 31st annual Producers Guild Awards on Jan. 18. Game-changers including Steven Spielberg, Sherry Lansing, Robert Iger, Jeffrey Katzenberg and Ron Meyer have previously received the recognition, and [...]

  • peacock-ads-NBCU

    NBCU's Peacock Marks Media's Latest Try to Connect Consumers, Commercials

    In an era when consumers feel more empowered to avoid TV commercials, NBCUniversal is the latest media company to try to get them to bring ads back into their TV lives. One of the key selling points of big streaming-video services like Netflix and Disney Plus is that subscribers don’t have to endure the commercial [...]

More From Our Brands

Access exclusive content