Scaffold Secures $1.5m

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News/Scaffold Secures $1.5m







Scaffold Secures $1.5m
Scaffold Secures $1.5m

Investments

26 June 2024 19:11

Scaffold, a development program supporting startups in Alberta, Canada, has secured an additional $1.46M in funding. PrairiesCan, a federal department promoting economic growth in the Prairie provinces (Alberta, Saskatchewan, and Manitoba), contributed CAD$1M.

Alberta Innovates, a private organization, has pledged CAD$750k, while Shred Capital, managed by Scaffold leader Matt Toner, is providing the remaining CAD$250k.

More:Massive Lay Offs at Perfect World

According to release, Scaffold offers mentorship, workshops, investor access, and guidance to developers, aiming to significantly enhance Alberta's gaming industry. The program seeks to double the number of small to medium-sized game businesses in the province.

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Dante Uzel
Esports & Gaming Journalist
Dante Uzel is an esports and gaming news journalist with eight years covering the industry. His work has appeared in publications including Game Life and The Game Post, and he currently reports for TwogNews and TwogPedia.