Valor Equity Partners and Atreides Management led a $113m Series C round in Genvid.

Valor Equity Partners and Atreides Management led a $113m Series C round in Genvid, a provider of interactive livestreaming technologies and services, with participation from Third Point Ventures, Cobalt Capital, LightShed Ventures, XN, Lux Capital, Galaxy Interactive, Horizons Ventures, OCA Ventures, Makers Fund, Huya, NTT DOCOMO Ventures, and Samsung Ventures. "The success of Rival Peak has accelerated our plans and growth dramatically, with dozens of major IP holders, streaming and social media platforms, and other global brands seeking to create MILEs around their properties. They recognize the opportunity to build new entertainment experiences that merge lean-back entertainment (TV and livestreaming) with interactive entertainment (games) to both grow fan bases substantially and further monetize existing fans. We're excited to announce partners and IP licenses in the coming months," Jacob Navok, Genvid CEO.