Two Bit Circus; the High-Tech Circus Act Receives $6.5M from Intel & Techstars

When it comes to funding a startup, the idea matters most as it’s the reason behind the value that it’s delivering to the masses and one may think circus as a non-fundable startup, but it all went opposite when the modern traveling technological spectacle known as Two Bit Circus has scored $6.5 million dollars in Series A funding.

The group of investors, who contributed to boost the financials of Two Bit Circus include Intel Capital lead by Techstars Ventures and Foundry Group.

two-bit-circus-the-high-tech-circus-act-receives-6-5m-from-intel-techstars

twobitcircus02Two Bit Circus is part performance art, part gadget symposium, a roaming exhibit that takes advantage of modern technology, science, and interactivity and morphs it into a live storytelling and educational experience. One of the group’s major projects under the Two Bit Circus umbrella, the Steam Carnival, has a gaming and virtual reality focus. Audience members are exposed to game-based exhibits that use both digital and real-world objects to form a cohesive interactive experience. (Source: VentureBeat)

The funding from this round will push the Steam Carnival concept into a national brand, while also bolstering its virtual reality and game development resources. This will also help build up Two Bit Circus’ conference and event presence.

 

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