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Nerd Street Gamers announces $11 5M financing round
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Nerd Street Gamers Raises $11.5M, Lands First Silicon Valley Investor The money will be used to open new Localhost venues and to launch digital products, events and content, the company s CEO said By Kennedy Rose | Philadelphia Business Journal •
Published February 3, 2021 •
Updated on February 3, 2021 at 8:35 am
Nerd Street Gamers raised $11.5 million in a funding round led by Founders Fund, the venture capital firm that has backed companies like Airbnb, SpaceX, Facebook and Palantir, the Philadelphia Business Journal reports.
Nerd Street CEO John Fazio said the company wanted to take “as little capital as possible” to continue to grow during the market uncertainty created by the Covid-19 pandemic and will wait until the market stabilizes before pursuing a bigger round.