PlayGiga (“PG”) enables users to play premium videogames on PC / Mac or TV through an affordable monthly subscription. PG makes premium videogames accessible to everyone. Premium videogaming usually requires a PC with expensive superior graphics capabilities or a costly gaming console. Moreover, current pricing of videogames (€20-60 per game) limits the number of new titles gamers can afford each year, thus making videogaming a pretty expensive hobby. PG allows gamers play a wide selection of premium games from anywhere on their PC/MAC or TV for a low monthly fee. We believe that similarly to what happened with Netflix for TV or Spotify for music, the videogames industry will evolve towards a streaming model where users will not need to buy a specific hardware and will enjoy a curated catalogue of games under a subscription model. B2B Clients: TIM: TIM games (cloud gaming solution developed by PlayGiga) was released in September 2017. Telecom Italia is the main ICT group and the technology partner of Italy to embrace digital. Abroad its strength is Brazil, where TIM Brasil, is a major player on the market. Turner: GLOUD games (cloud gaming solution developed by PlayGiga) was released in December 2017. Turner International is a Time Warner company that operates more than 180 channels (CNN, TNT, Cartoon Network, Boomerang and TCM Turner Classic Movies). Turner showcases 43 brands in 34 languages in over 200 countries. Founded in 2013, PG has developed superior technology based on cloud virtualisation that optimizes latency while reducing the OPEX & CAPEX required to serve customers a premium experience in real time. PG has advantageous licensing deals with top games publishers, resulting in a high-quality catalogue of available games and has live deployments in Spain, Italy, Argentina, and Chile.
Location: Spain, Community of Madrid, Madrid
Employees: 51-200
Total raised: $11.17M
Founded date: 2013
Investors 1
| Date | Name | Website |
| 05.08.2021 | Caixa Capi... | caixacapit... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 11.09.2015 | - | $5.67M | - |
| 13.07.2015 | Series A | $5.5M | - |
Mentions in press and media 12
| Date | Title | Description |
| 18.03.2025 | The Rise of European Venture Capital: A New Era of Investment | The European venture capital landscape is evolving. Two firms, Adara Ventures and bd-capital, are leading the charge. They are not just raising funds; they are shaping the future of investment in technology and mid-market businesses. Adara ... |
| 17.03.2025 | Adara Ventures announces first close of €100 million Adara Ventures IV Fund | Adara Ventures, the Madrid-based VC firm specialising in early-stage DeepTech investments, today announced the first close of its fourth flagship fund, AV4, targeting €100 million in capital commitments. This new fund reinforces Adara’s com... |
| 19.12.2019 | Facebook adquiere PlayGiga a AdaraVP, CaixaCR, BankinterCR e Inveready por €70 millones | 19/12/2019 Nota de prensa FACEBOOK ADQUIERE PLAYGIGA A ADARAVP, CAIXACR, BANKINTERCR E INVEREADY POR €70 MILLONES. La red social Facebook ha comprado por 70 millones de euros la empresa madrileña de videojuegos PlayGiga, participada por ... |
| 18.12.2019 | Facebook acquires Madrid-based cloud gaming startup PlayGiga | Facebook has acquired PlayGiga, a Madrid-based cloud gaming startup. The company confirmed the deal to CNBC today, the week after Cinco Dias reported it was in talks to buy PlayGiga for about 70 million euros ($78 million). PlayGiga was fou... |
| 13.12.2019 | Facebook negocia la compra de la española PlayGiga, participada por Adara, BankinterCR, CaixaCR e Inveready, por €70M | 13/12/2019 FACEBOOK NEGOCIA LA COMPRA DE LA ESPAÑOLA PLAYGIGA, PARTICIPADA POR ADARA, BANKINTERCR, CAIXACR E INVEREADY, POR €70 MILLONES. Facebook, fundada por Mark Zuckerberg, negocia la adquisición de PlayGiga, participada por ´las enti... |
| 27.02.2019 | Cloud gaming will determine the new lord of digital distribution | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more. Nearly 15 years ago, most video games were sold in brick-and-mortar stores. Valve was about to launch Steam, and people could anticipat... |
| 27.02.2019 | Cloud gaming will determine the new lord of digital distribution | Nearly 15 years ago, most video games were sold in brick-and-mortar stores. Valve was about to launch Steam, and people could anticipate that digital sales were the future of the gaming industry. “But it will take time,” most industry profe... |
| 27.02.2019 | VR and cloud gaming frenzy seizes MWC as 5G hype builds | With 5G networks rolling out, the telecom industry and its partners are trying to identify use cases that will justify the trillions of dollars they are spending on this infrastructure. MWC Barcelona 19 this week left little doubt what many... |
| 27.02.2019 | VR and cloud gaming frenzy seizes MWC as 5G hype builds | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more. With 5G networks rolling out, the telecom industry and its partners are trying to identify use cases that will justify the trillions of... |
| 11.09.2015 | PlayGiga Raises €5M in Venture Capital Funding | PlayGiga, a Madrid, Spain-based game delivery platform, recently raised €5m in venture capital funding. The deal was closed in July 2015. Backers included Adara Ventures, Caixa Capital Risc, Inveready and Bankinter. The company intends to u... |
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