Ryu Games accelerates growth of mobile cash gaming platform

Ryu Games announced the close of a $2.3 million seed round of funding from Velo Partners, Citta Ventures, MGV Capital, INP Capital, Side Door Ventures, and 500 Startups, which will help further fuel the company’s growth. Other investors with deep gaming and cash gaming expertise include Geoff Bough, the former head of Business Development at FanDuel, David Kirk, the former chief scientist at NVIDIA and Riz Virk, formerly on the founding team at TapJoy. Since the launch of its SDK in late 2020, the company has announced several partnerships with game studios and launched a dozen mobile cash tournament games as well as the Pearl Shop for players to redeem its in-game currency “Pearls” for fun and entertaining rewards, such as avatars and in-game cosmetic items. With this additional capital, Ryu will continue moving forward to grow rapidly in the cash tournament gaming market…