New Funding For A New World: eRepublik Raises €2 Million

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Madrid, Spain-based eRepublik, makers of what the startup refers to as a 'massive online social strategy game' (MOSS), has just raised €2 million - approx. $2.8 million - in Series A funding from AGF Private Equity. The company had previously raised up to €750,000 in seed funding from the VC firm and a host of angel investors, bringing the total invested to €2.75 million or a little over $3.8 million.eRepublik, its first MOSS, is set in a browser-based mirrored version of the real world in which players (called citizens) can participate in politics, set economic policy, start businesses, engage in wars with other countries and interact socially with other players while they're at it.
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Madrid, Spain-based eRepublik, makers of what the startup refers to as a 'massive online social strategy game' (MOSS), has just raised €2 million - approx. $2.8 million - in Series A funding from AGF Private Equity. The company had previously raised up to €750,000 in seed funding from the VC firm and a host of angel investors, bringing the total invested to €2.75 million or a little over $3.8 million. eRepublik, its first MOSS, is set in a browser-based mirrored version of the real world in which players (called citizens) can participate in politics, set economic policy, start businesses, engage in wars with other countries and interact socially with other players while they're at it.
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