WowCube, a startup founded by IT entrepreneur Ilya Osipov from Nizhny Novgorod, is reinventing the Rubik’s cube. Launched in 2017, the company touts itself as “the first-in-class innovative gaming platform where virtual gameplay is controlled by physically tilting, twisting, and shaking the device.”
According to CrunchBase data, the company — now registered in Florida — has already raised $6.5 million in several rounds of funding to develop its yet-to-launch device.
The last round, earlier this year, provided $4.5 million, including $1.5 million from Xsolla Capital. The company was reportedly valued at $25 million.
WowCube claims it has received pre-orders for 155,000 consoles from distributors across the world, worth almost $39 million, since early 2021. from distributors worldwide. Online magazine Russia Beyond, which cited these numbers, tested the gadget to find out why it raises so much interest.
Russian-founded startup raises $4.5 million to reinvent the Rubik’s CubeRead More
