Series A Funding Round with Xsolla as Lead Investor

Published : Tuesday, August 31, 2021, 11:51 am
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Cubios Inc., the creator of the WOWCube ® entertainment system, raised $1.5 million from a lead investor Xsolla Inc. in Series A funding round. Xsolla is the video game commerce company powered by its Transaction Engine and Business Engine to help developers and publishers market, sell, connect and optimize their games globally. Other participants include Dobro Capital, Starta Capital, InvestFest Network VC, Quonota, and individual angel investors that put in an additional $3 million of investment to the current round.

The WOWCube ® entertainment system is a new kind of digital device in the shape of a cube made of 8 connected modules. The entire surface of the cube is covered by 24 high-resolution screens that convert six sides of the device into a gameplay field. You control the 2x2 cube by twisting, tilting, tapping and shaking. It delivers a unique user experience of interacting with the digital world as if it is a real object.

Dmitri Bourkovski, Chief Investment Officer at Xsolla, comments: "We don't see such unique inventions in the game industry every day. I believe that the WOWCube ® entertainment system will be in every household soon as Rubik's cube once was. This new digital gadget provides an absorbing gameplay experience that doesn't end thanks to an open platform for developers. Anyone can create a new game or entertaining app for the cube and engage a user to continue playing. This investment aligns with our strategy to harness every innovating trend in the gaming industry".

At the moment, Cubios Inc. is working on more than 30 different games, including arcade games, puzzles, logic and strategy games, gamified educational apps, and many more games for casual and skillful players of all ages. This year, the company will launch a pre-order campaign and open the SDK to third party developers.

Ilya Osipov, the President and Founder of Cubios Inc., comments: "Xsolla is not an ordinary investor, it’s much more for us. The company provides extremely smart money and synergistic partnership by opening to us an access to their ecosystem and a large community of game developers. We’re sure that The Game Investment Platform announced by Xsolla earlier this year, will help our developers to express their creativity in full by making many unique and absorbing games for our device. We're proud to have such a close relationship with the $3 billion company, which we are eager to learn from and follow."

The WOWCube ® entertainment system is the result of five years of continuous research and development that is supported by 6 approved and 3 pending patents, and by multiple awards, including Last Gadget Standing, Edison Award, CES Innovation Award, Muse Design Award, and others.

Cubios Inc. has already attracted interest from distributors in 18 countries with preliminary orders for 155,000 devices with the highest demand coming from Japan.

The deadline for those who would like to join the company’s Series A funding round will end on September 30, 2021.

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