Nas is part of a group of investors that have raised $20 million in financial backing for a South Africa-based mobile gaming company. According to an article by The Hollywood Reporter; the New York rapper, Google, Riot Games and the venture capital firm Andreessen Horowitz partook in the fundraising round for game publisher Carry1st on Wednesday (Jan. 19).
As part of Andreessen Horowitz’s investment, the firm’s partners David Haber and Jonathan Lai will reportedly join the Carry1st board. Game developer Sky Mavis, Yield Guild Games, investment firm Avenir and the founders of Chipper Cash also invested in the company, whose games include “SpongeBob: Krusty Cook-Off,” “Mine Rescue,” “Match League” and “Football Clash.”
“We’re excited to partner with this world-class group of investors who, in addition to capital, bring expertise across gaming, fintech, and web3,” Carry1st Co-founder and CEO Cordel Robbin-Coker said in a statement. “In 2021, we launched multiple games and digital commerce solutions achieving really strong growth. Together we can accelerate this growth and achieve our goal of becoming the leading consumer internet company in the region.”
David Haber of Andreessen Horowitz added, “We are delighted to be making our first investment in an Africa-headquartered company in Carry1st, a next-generation mobile games and fintech platform. We see immense opportunity for the company to mirror outstanding successes we’ve seen in markets like India, China and Southeast Asia.”
This isn’t the first time Nas has made headlines for his investments. Back in September, he and Pusha T became stakeholders in the streaming service Audius. The company, which launched in 2018, uses blockchain technology to support non-fungible tokens (NFTs).
“I believe [blockchains] might be the most important technology to ever hit the music industry,” Nas said in a statement at the time. “Everyone who uploads to Audius can be an owner. You can’t say that about any other platform.”