Medal Raises $13M to Expand AI-Powered Gaming Content Sharing Platform
Medal is dedicated to enhancing the gaming experience by making it easy for gamers to capture and share their favorite moments.
Company Name: Medal
Location: NYC, USA
Sector: Technology, Artificial Intelligence, Gaming
Funding Details: Raised $13M in funding at a valuation of $333M. Backers include Horizons Ventures, OMERS Ventures, peak6, and Arcadia Investments.
Purpose of Investment: To expand operations and business reach.
Leadership: Led by Pim de Witte and Josh Lipson.
Product: Medal provides the MedalTV clipping app, a platform for sharing short-form gaming content. It allows gamers to capture and share gaming moments with friends across various devices, including PC, console, and mobile. The platform has expanded its capabilities and global presence through strategic acquisitions such as the Middle Eastern game streaming platform Rawa.tv, mobile SDK startup Megacool.co., and Gif Your Game.
About Company: Medal is dedicated to enhancing the gaming experience by making it easy for gamers to capture and share their favorite moments. The company recently announced the launch of Highlight, a new product with features such as integration with Windows and MacOS, the ability to publish web apps as natively running assistants in under a minute, contextual capture technology for enhanced AI interactions, and streamlined cross-platform desktop app development. This funding will support Medal’s continued innovation and expansion, solidifying its position as a leader in the gaming content sharing space.