Immersive Gamebox raises $20 million, receives new patent

Immersive Gamebox has raised $20 million in funding for its game room product and a new technology patent. IGB plans to open 250 locations in EMEA (Europe, Middle-East, and Africa) over the next three years and globally open 100 locations by the end of 2023. Harlan Capital provided the funding via debt financing.

“When we started Immersive Gamebox, we set out to create a unique technology-driven experience that would bring people together through shared play,” said David Spindler, CFO and co-founder of Immersive Gamebox, in a press release. “The debt financing from Harlan Capital will enable us to open many more venues globally, accelerating our already-rapid growth, and bringing the IGB experience to millions of players.”