About Chobolabs
Chobolabs is a Media & Entertainment company based in Palo Alto (United States) founded in 2012. Mobile games and engines for real-time PvP are developed independently. Chobolabs has raised $8.59 million across 2 funding rounds from investors including Innovation Endeavors and XG Ventures. Chobolabs offers products and services including ChoboEngine. Its focus areas include Mobile, Mobile Gaming, Game Developers and Core. Its legal entity is Chobolabs LLC. Its competitors include Riot Games, Super Evil Megacorp and Psyonix; 2 of its 3 listed competitors have raised funding.
Company details
Chobolabs was founded in 2012 in Palo Alto, United States, within the mobile gaming sector. Specialization occurs in MOBA games and related technologies. Operations include the creation of Mayhem, a real-time PvP multiplayer title available on Android and iOS platforms. ChoboEngine, designed for real-time action multiplayer mobile games, has also been produced. Revenue is derived from in-app purchases.
- Headquarters Palo Alto, United States
- SectorsMedia & Entertainment
- Email••••••••
- Phone•••• ••••
- Website chobolabs.com
- Social LinkedIn X
- Legal Name Chobolabs Llc
- Total Equity Funding$8.59M (USD)
in 2 rounds
- Latest Funding Round$7.29M (USD), Series A
Feb 2015
- InvestorsInnovation Endeavors
& 1 more
Products & Services of Chobolabs
Chobolabs offers a comprehensive portfolio of products and services, including ChoboEngine.
A platform for tech and game applications development
Funding Insights of Chobolabs
Chobolabs has successfully raised a total of $8.59M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.29 million completed in February 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8.59M
- Total Rounds 2
- Last Round Series A — $7.29M
- First Round $1.3M
(Sep 2014)
- Investors Count 2
All 2 funding rounds of Chobolabs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2015 | $7.29M | Series A | – | – | – |
| Sep 2014 | $1.3M | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Chobolabs
Chobolabs has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Innovation Endeavors and XG Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage technology investments are targeted by this venture capital firm. | innovationendeavors.com | Palo Alto, United States | ||
VC firm investing in early stage startups in the US | xg-ventures.com | Menlo Park, United States |
Investor details for Chobolabs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Chobolabs
2 people are tracked at Chobolabs (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Lyuben Belov | Managing Partner, | Leadership |
Hristo Dachev | Grease Monkey | Team |
Complete people profiles for Chobolabs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Chobolabs
3 dated milestones of Chobolabs across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Chobolabs is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Series A, of $7.3M.
Competitors of Chobolabs
Chobolabs has 3 listed competitors in our database, 2 of them funded. They include Riot Games, Super Evil Megacorp and Psyonix.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| riotgames.com | 2006 | San Francisco, United States | $15M | Video games are developed and eSports tournaments are organized. | ||
| superevilmegacorp.com | 2012 | San Mateo, United States | $76.55M | Mobile MOBA games are developed by Super Evil Megacorp. | ||
| psyonix.com | 2000 | San Diego, United States | 123 | Multiplayer games for PC and console platforms are developed. |
Detailed competitors of Chobolabs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in eSports & Competitive Gaming
3 companies that operate in the same segment as Chobolabs (eSports & Competitive Gaming) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M | |||
Video games are developed and eSports tournaments are organized. | 2006 | San Francisco, California, United States | USD 15 M | USD 630.41 K | 4 | |
Esports league organization and organizer | 2010 | Los Angeles, California, United States | USD 40 M |
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Frequently Asked Questions about Chobolabs
Chobolabs was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Chobolabs is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Chobolabs is a funded company, having raised a total of $8.59M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Sep 2014.
Chobolabs was founded in 2012 in Palo Alto, United States, within the mobile gaming sector. Specialization occurs in MOBA games and related technologies. Operations include the creation of Mayhem, a real-time PvP multiplayer title available on Android and iOS platforms. ChoboEngine, designed for real-time action multiplayer mobile games, has also been produced. Revenue is derived from in-app purchases.
Chobolabs's top competitors include Riot Games, Super Evil Megacorp and Psyonix.
Chobolabs offers ChoboEngine.
Chobolabs has 2 investors. Key investors include Innovation Endeavors, and XG Ventures.
Chobolabs operates through Chobolabs Llc.