KBW Ventures Leads PlaysOut’s $7 Million Seed Round

KBW Ventures Leads PlaysOut’s $7 Million Seed Round 

The newly secured capital will be directed toward three key areas: expanding the mini-game ecosystem, forming strategic partnerships, and accelerating growth in high-potential markets such as the US, MENA, and Asia.

PlaysOut, a UAE-based gametech company, has successfully secured $7 million in seed funding, achieving a valuation of $70 million. The investment round was led by KBW Ventures, with additional participation from OKX Ventures and Pacific Century Group. This funding marks a significant milestone for PlaysOut as it continues to expand its innovative mini-game ecosystem.

Founded in 2024 by Jassem Osseiran and Jimmie Jeremejev, PlaysOut offers a mini-games engine and an SDK that enables platforms to access a diverse library of engaging mini-games. The newly secured capital will be directed toward three key areas: expanding the mini-game ecosystem, forming strategic partnerships, and accelerating growth in high-potential markets such as the US, MENA, and Asia.

PlaysOut is designed to help developers launch mini-games seamlessly across popular platforms, including Telegram, Discord, and YouTube. By integrating blockchain features and infrastructure, the platform enhances accessibility and security for both developers and users. A major upcoming development is the launch of its embedded SDK in May, which will simplify the integration of mini-games with blockchain technology.

The participation of OKX Ventures highlights the increasing interest in the mini-game sector and the role blockchain technology can play in enhancing gaming experiences. Meanwhile, KBW Ventures and Pacific Century Group bring extensive expertise in backing innovative technologies, which will support PlaysOut in scaling its operations and attracting more developers to its platform.

In addition to ecosystem expansion, PlaysOut is prioritizing strategic partnerships with key industry players. These collaborations aim to enhance its offerings, broaden its user base, and create a more immersive and engaging mini-game experience.

The completion of this funding round positions PlaysOut for significant growth and innovation within the gaming industry. With the backing of leading investors and a focus on blockchain-powered gaming solutions, PlaysOut is set to redefine how developers and users interact with mini-games on a global scale

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