Squido Studio has raised $3 million in funding to develop DigiGods, an formidable social prolonged actuality (XR) platform.
The Montreal-based maker of immersive digital experiences stated it secured the funding to speed up the event and international 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 means of its Innovation in Experimentation Program.
Overlook 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 pals, and create epic adventures collectively, from neon cityscapes to fantastical forests.
“DigiGods stands out within the crowded social gaming world with unparalleled inventive freedom and emotional connection,” says David Chartrand, CEO and co-founder of Squido Studio. “Our mission is obvious: to construct an genuine, interactive digital area the place customers create and join. We’re ramping up growth, 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 high expertise who’re obsessed with XR growth. That is an thrilling alternative for Quebec-based builders to contribute to advancing social gaming.
“With their modern platform and gifted workforce, Squido is poised to form the way forward for social interplay in XR,” says Bertrand Nepveu, Associate at Triptyq Capital. “The energy of this expertise is fostering a way of group 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.
- On the spot 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 Combined Actuality Integration: Pure interactions and the power to mix digital and bodily environments create a really immersive expertise.
- Actual-time Multiplayer Physics Sandbox: Collaborative play reaches new heights with physics-based interactions that make each expertise dynamic and interesting.
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 monitor report in XR, positioning them completely to redefine social VR with DigiGods.
Presently in Early Entry, DigiGods has already attracted over 100,000 gamers and boasts a 4.8/5 ranking from greater than 8,000 person opinions on the Meta Quest Retailer. By the tip of the yr, Squido goals to succeed in a million gamers, supported by main content material updates, partnerships, participant perks, and influencer collaborations.
Help from Meta has been pivotal to Squido’s success, providing vital visibility inside the quickly increasing VR ecosystem. With Meta’s VR person base rising by over 50% yearly and Meta Quest merchandise seeing a 75% improve in engagement, this relationship ensures a secure and constructive group expertise by means of superior moderation instruments.
Constructing on No Extra Rainbows’s early and rising success, DigiGods is already proving its formidable potential to enchantment to an excellent broader viewers in early entry.
The studio began in 2019 and Chartrand stated 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 stated, “The inspiration behind DigiGods stems from our ardour for innovating inside the XR gaming area. We want to encapsulate one of the best elements of VR know-how into compelling, feature-rich video games that push the trade ahead. The preliminary concept was impressed by the dynamic and fast content material supply seen in platforms like TikTok, the place customers can quickly construct and expertise various creations. It shortly grew to become a a lot greater factor. “
In brief, 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 stated, “Its user-friendly interface permits gamers to create and modify immersive experiences with drag-and-drop simplicity shortly. This functionality permits 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, corresponding to distinctive artwork instructions, constructing blocks, and cosmetics, retains the sport contemporary and interesting.”
He added, “Upcoming collaborations with among the largest names in gaming and leisure will introduce new constructing parts and objects, enhancing the inventive potentialities obtainable to gamers. Keep tuned for a really thrilling Kaiju replace.”
