About U24 Solutions
U24 Solutions is a company based in Hitchin (United Kingdom) founded in 2017 by Steve Parker.. U24 Solutions offers products and services including Cradle of Sins and STREAMBLE. U24 Solutions operates in a competitive market with competitors including CCP Games, nDreams, Owlchemy Labs, XR Games and Within, among others.
- Headquarter Hitchin, United Kingdom
- Founders Steve Parker
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Sectors
Media & EntertainmentTechnology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Electrical Marine International Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Thorgate Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of U24 Solutions
U24 Solutions offers a comprehensive portfolio of products and services, including Cradle of Sins and STREAMBLE. 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 featuring VR and AI-driven elements for immersive gameplay.
A game with PC cross-play and cloud gaming for enhanced access.
Funding Insights of U24 Solutions
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2021 | Amount | Seed - U24 Solutions | Valuation | Thorgate Ventures , MSD |
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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 U24 Solutions
U24 Solutions has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Thorgate Ventures and MSD Finland. 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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Thorgate Ventures is engaged in seed-stage venture capital investments.
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Founded Year | Domain | Location | |
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MSD Finland is engaged in developing pharmaceuticals and vaccines.
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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 U24 Solutions
| 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 - U24 Solutions
| 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 |
U24 Solutions Comparisons
Competitors of U24 Solutions
U24 Solutions 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 CCP Games, nDreams, Owlchemy Labs, XR Games and Within, 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 game developer specializing in the MMORPG and VR games
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| domain | founded_year | HQ Location |
Indie VR games and entertainment content are developed by nDreams.
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| domain | founded_year | HQ Location |
Independent game development studio
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| domain | founded_year | HQ Location |
VR games for mobile, console, and arcade platforms are developed.
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| domain | founded_year | HQ Location |
Cinematic virtual reality content is developed and distributed globally.
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| domain | founded_year | HQ Location |
VR content creation software is developed for storytellers worldwide.
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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 U24 Solutions
Frequently Asked Questions about U24 Solutions
When was U24 Solutions founded?
U24 Solutions was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is U24 Solutions located?
U24 Solutions is headquartered in Hitchin, United Kingdom. It is registered at Hitchin, Hertfordshire, United Kingdom.
What does U24 Solutions do?
U24 Solutions was founded in 2017 and is based in Hitchin, United Kingdom. VR games such as Wild Downtown, Jingo, and Drone Infiltrator have been developed by the company for platforms including Steam and PS4. Software development services are also offered, focusing on virtual reality applications within the gaming and technology sectors. Operations center on creating immersive experiences for various digital ecosystems.
Who are the top competitors of U24 Solutions?
U24 Solutions's top competitors include CCP Games, nDreams and Owlchemy Labs.
What products or services does U24 Solutions offer?
U24 Solutions offers Cradle of Sins and STREAMBLE.
Who are U24 Solutions's investors?
U24 Solutions has 2 investors. Key investors include Thorgate Ventures, and MSD Finland.