Carry1st raises R300m from investors in latest capital raise

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The SA-based mobile games publisher raised the cash in a new funding round led by US venture capital fund Andreessen Horowitz

Carry1st, an SA-based mobile games publisher, has raised more than R300m in a new funding round, led by Andreessen Horowitz — one of the US’s largest venture capital funds — as more foreign investors look to capitalise on growth in the local technology companies.

Carry1st, which specialises in mobile games and interactive content, raised $20m through a series A extension led by Andreessen Horowitz — a Silicon Valley firm, cofounded by billionaire investor Mark Andreessen, with more than $16bn under management. The capital raise also saw participation from US investment firm Avenir, and internet giant Google...

 

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