About Singularity 6
Singularity 6 is a company based in Los Angeles (United States) founded in 2017 was acquired by Daybreak Game Company in July 2024.. Singularity 6 has raised $49 million across 3 funding rounds from investors including FunPlus, Daybreak Game Company and Andreessen Horowitz. The company has 163 employees as of December 31, 2022. Singularity 6 offers products and services including Palia. Singularity 6 operates in a competitive market with competitors including Riot Games, Krafton, Ubisoft, IGG and Electronic Arts, among others.
- Headquarter Los Angeles, United States
- Employees 163 as on 31 Dec, 2022
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Singularity 6 Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$49 M (USD)
in 3 rounds
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Latest Funding Round
$30 M (USD), Series B
Jul 01, 2021
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Investors
FunPlus
& 6 more
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Employee Count
163
as on Dec 31, 2022
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Acquired by
Daybreak Game Company
(Jul 02, 2024)
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Products & Services of Singularity 6
Singularity 6 offers a comprehensive portfolio of products and services, including Palia. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A game for crafting and social interactions in an inviting virtual world.
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Funding Insights of Singularity 6
Singularity 6 has successfully raised a total of $49M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in July 2021. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $30.0M
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First Round
First Round
(13 Sep 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series B - Singularity 6 | Valuation | FunPlus | |
| Aug, 2019 | Amount | Series A - Singularity 6 | Valuation | a16z | |
| Sep, 2018 | Amount | Seed - Singularity 6 | Valuation | Lvp |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Singularity 6
Singularity 6 has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include FunPlus, Daybreak Game Company and Andreessen Horowitz. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Gaming-focused venture capital investments are made by LVP.
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Founded Year | Domain | Location | |
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Investment in innovative consumer and technology companies based in Santa Monica.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Singularity 6
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Singularity 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Singularity 6 Comparisons
Competitors of Singularity 6
Singularity 6 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Riot Games, Krafton, Ubisoft, IGG and Electronic Arts, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Video games are developed and eSports tournaments are organized.
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| domain | founded_year | HQ Location |
A variety of online multiplayer games is provided by Krafton.
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| domain | founded_year | HQ Location |
Video games are developed and published by Ubisoft worldwide.
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| domain | founded_year | HQ Location |
Video game developer and publisher focusing on MMORPGs for mobile, browser and PC platforms
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| domain | founded_year | HQ Location |
Video game developers focused on core games
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| domain | founded_year | HQ Location |
MMORPGs and related games are developed by WeMade Entertainment.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Singularity 6
Frequently Asked Questions about Singularity 6
When was Singularity 6 founded?
Singularity 6 was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Singularity 6 located?
Singularity 6 is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Singularity 6 a funded company?
Singularity 6 is a funded company, having raised a total of $49M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Sep 13, 2018.
How many employees does Singularity 6 have?
As of Dec 31, 2022, the latest employee count at Singularity 6 is 163.
What does Singularity 6 do?
Singularity 6 was founded in 2017 and is headquartered in Los Angeles, United States. Video games with a focus on multi-player experiences are developed by the company. Palia, a free-to-play cozy simulation MMO involving crafting, cooking, fishing, and farming, is offered for play with others. The game is available on Windows and Nintendo Switch platforms. Operations center on the gaming sector.
Who are the top competitors of Singularity 6?
Singularity 6's top competitors include Krafton, Riot Games and Ubisoft.
What products or services does Singularity 6 offer?
Singularity 6 offers Palia.
Who are Singularity 6's investors?
Singularity 6 has 7 investors. Key investors include FunPlus, Daybreak Game Company, Andreessen Horowitz, LVP, and Anthos Capital.