About this raise: Moonray, a video game company, is raising funds on Republic through Reg A+ crowdfunding. The company has developed a third-person action-RPG video game for PC and eventually Xbox and PlayStation. The game is set in a surreal sci-fi world. Moonray is being created by Element 115, a game studio founded in 2019. The current crowdfunding round has a minimum target of $$70,000 and a maximum target of $500,000, and the funds will be used to finish developing and marketing the game. Moonray expects to launch the PC version in the summer of 2022 to 90 million active monthly users on Stream. The game runs on an addictive format with a 5-hour campaign.
Investment Overview
Invested : $210,000
Deal Terms
Total Commitments ($USD)
- Platform
- Republic
- Start Date
- 03/30/2021
- Close Date
- 08/26/2021
$70,000
$500,000
$500
Equity - Common
Pre-Seed
RegA+
$500.00
Company & Team
Company
- Year Founded
- 2015
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| FGS-Atari | 06/30/2023 | Republic | $7,076,000 | $0 | Equity - Common | Not Funded | RegA+ |
| Fig Publishing | 04/15/2022 | Republic | - | $2,283,250 | Equity - Common | Funded | RegA+ |
| Digital Eclipse | 09/15/2021 | Republic | - | $10,470,751 | Equity - Preferred | Funded | RegA+ |
| Moonray | 08/26/2021 | Republic | - | $210,000 | Equity - Common | Funded | RegA+ |
| Intellivision Amico | 04/15/2021 | Republic | - | $11,866,723 | Revenue Share | Funded | RegA+ |
| Marauder | 04/08/2021 | Republic | - | $152,000 | Equity - Preferred | Not Funded | RegA+ |