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 mentioned it secured the funding to speed up the event and world rollout of DigiGods.
Triptyq Capital led the funding spherical, with pled by Triptyq Capital, attracted distinguished strategic buyers like Grishin Robotics, FJ Labs, Hartmann Capital, Fairway Capital, Earthling VC, and the Canada Media Fund (CMF), which contributed $1.1M by way of its Innovation in Experimentation Program.
Neglect 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 associates, and create epic adventures collectively, from neon cityscapes to fantastical forests.
“DigiGods stands out in the crowded social gaming world with unparalleled creative freedom and emotional connection,” says David Chartrand, CEO and co-founder of Squido Studio. “Our mission is clear: to build an authentic, interactive virtual space where users create and connect. We’re ramping up development, growing our team, and launching DigiGods globally to create an immersive playground like no other.”
With this funding, Squido Studio plans to increase its group in Montreal, attracting high expertise who’re keen about XR improvement. That is an thrilling alternative for Quebec-based builders to contribute to advancing social gaming.
“With their innovative platform and talented team, Squido is poised to shape the future of social interaction in XR,” says Bertrand Nepveu, Companion at Triptyq Capital. “The strength of this experience is fostering a sense of community in ways that traditional social media platforms cannot.”
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 rapidly unleash their creativity and construct digital worlds.
- Immediate Expertise Loading: Impressed by youthful generations’ fast-paced content material consumption habits, DigiGods has highly effective cloud assist that eliminates wait occasions for seamless immersion.
- Superior Hand-Monitoring and Combined Actuality Integration: Pure interactions and the flexibility 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 fascinating.
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 observe 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 top 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 essential visibility throughout the quickly increasing VR ecosystem. With Meta’s VR person base rising by over 50% yearly and Meta Quest merchandise seeing a 75% enhance in engagement, this relationship ensures a protected and constructive group expertise by way of superior moderation instruments.
Constructing on No Extra Rainbows’s early and rising success, DigiGods is already proving its formidable potential to attraction to a good broader viewers in early entry.
The studio began in 2019 and Chartrand mentioned in an electronic 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 mentioned, “The inspiration behind DigiGods stems from our ardour for innovating throughout the XR gaming area. We need to encapsulate one of the best elements of VR expertise into compelling, feature-rich video games that push the business ahead. The preliminary thought was impressed by the dynamic and fast content material supply seen in platforms like TikTok, the place customers can quickly construct and expertise numerous creations. It rapidly grew to become a a lot larger factor. “
In brief, it delivered by way of TikTok, made a Roblox ecosystem with out the necessity for complicated recreation instruments, and it targeted on VR first.
As for what made it distinctive, Chartrand mentioned, “Its user-friendly interface allows players to create and modify immersive experiences with drag-and-drop simplicity quickly. This capability enables players to construct various gameplay environments in mere minutes—from horror mansions to low-gravity soccer matches or an FPS deathmatch—and easily switch between them. Adding new thematic content each month, such as unique art directions, building blocks, and cosmetics, keeps the game fresh and engaging.”
He added, “Upcoming collaborations with some of the biggest names in gaming and entertainment will introduce new building elements and items, enhancing the creative possibilities available to players. Stay tuned for a very exciting Kaiju update.”
