Oncade Raises $4M in Seed Funding

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Here’s a structured summary based on the provided information:

Startup Details

  • Startup Name: Oncade
  • Location: San Francisco, CA
  • Platform Focus: Game distribution and community monetization

Founders

  • Stavros Lee
    • Previous Experience: Ex-EA & Activision, Head of Engineering at OUYA
  • Greg Reisdorf
    • Previous Experience: 13 years leading multiplayer on Call of Duty

Fundraising Details

  • Fundraise Amount: $4 million
  • Funding Series: Seed funding
  • Funding Date: May 28, 2025
  • Lead Investor: a16z CSX
  • Additional Participants: Founders and a network of industry leaders

Purpose of Funds

  • Expand operations
  • Enhance development efforts

Key Features of the Platform

  • Advanced payments using stablecoins
  • Direct-to-consumer game stores
  • Community-powered presales
  • LiveOps tools
  • Instant global payments
  • Monetization opportunities for community members (players) through promotion, creation, or sale of in-game items

This layout provides an organized view of the essential details related to Oncade and its fundraising efforts.

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2025-05-28 14:38:25