Playsnak Brings in $1 Million

Gaming startup Playsnak announced it has raised $1 million in seed financing from Gumi.

Playsnak is a start-up company focused on mobile games publishing and virtual reality development. Today, as mobile gaming matures and immersive VR experiences gain traction, Playsnak’s goal is to merge the two mediums by creating games that combine the accessibility of mobile play with the possibilities of evolving VR technologies.

The company revealed that the funding will be used to expand its capabilities as Playsnak builds toward the announcement of its first VR game in the coming weeks.