PlaySafe ID Secures £840k to Enhance Gaming Safety
Deal News | May 23, 2025 | Business Cloud
PlaySafe ID, a platform based in Ipswich that is dedicated to eliminating cheats, hackers, bots, and predators in gaming, has successfully secured £840k in pre-seed funding. This investment round was led by Early Game Ventures, with additional participation from Hartmann Capital and Overwolf. The funds are intended to bolster rapid expansion plans, integrate with strategic platforms, and support a major go-to-market initiative targeting over 250,000 users. The platform focuses on safeguarding online gaming experiences by issuing verified, anonymised, game-agnostic digital IDs to prove user authenticity and combat inappropriate behaviors, contributing to a fair and secure gaming environment. Cristian Munteanu of Early Game Ventures expressed belief in PlaySafe ID's mission to restore accountability and fairness in gaming. The company aligns with new compliance requirements under the Online Safety Act, positioning itself as a vital component of the gaming industry's future.
Sectors
- Gaming
- Technology
- Investment
Geography
- United Kingdom – PlaySafe ID is based in Ipswich, UK, and the article discusses its activities and impacts in this region.
Industry
- Gaming – The article focuses on improving safety and accountability in the gaming industry through the use of digital identities to combat cheating and predatory behaviors.
- Technology – PlaySafe ID's platform leverages technology to create a secure identity layer for the gaming community, enhancing transparency and player protection.
- Investment – The article discusses a pre-seed funding round led by Early Game Ventures, highlighting investment activities within the technology startup ecosystem.
Financials
- £840k – The pre-seed funding amount raised by PlaySafe ID to expand its operations and integrate its platform with strategic partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PlaySafe ID | Target company | Company | A gaming platform that issues digital IDs to protect against cheating and predation in games. |
| Early Game Ventures | Lead investor | Company | A venture capital firm that led the £840k pre-seed funding round for PlaySafe ID. |
| Hartmann Capital | Investor | Company | A participant in the pre-seed funding round for PlaySafe ID. |
| Overwolf | Investor | Company | A participant in the pre-seed funding round for PlaySafe ID. |
| Andrew Wailes | CEO | Person | The CEO of PlaySafe ID who provided insights on the company's future plans and importance of the platform. |
| Cristian Munteanu | Managing Partner | Person | Managing Partner at Early Game Ventures who commented on the strategic importance of PlaySafe ID. |