{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAoLaIzpgJDA","lastupdate":"2025-02-02T00:00:00.000Z","update_date":"2025-02-02T00:00:00.000Z","lastModified":"Feb 2, 2025","active":1,"confidence_score":98,"confidence_score_reason":"homepage, markets","urlname":"gigantic","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$ashsog8T6YXEfGvkhRl3QYqKltYFFwvzglpw5WhovGO0J1lgbPPiVE","name":"Gigantic","oneliner":"Mobile Arcade Games","registrar":"514856574","website":"","careerspage":"","founded_month":1,"founded_year":2017,"formernames":[],"sociallinks":{"twitter":"","youtube":"https://www.youtube.com/channel/UCgiC6WcWk9IM1Hnr_KQuGkg","facebook":"https://www.facebook.com/ClaweeIsAwesome","linkedin":"https://www.linkedin.com/company/18355183","instagram":"https://www.instagram.com/clawee_app"},"social":["https://www.linkedin.com/company/18355183","https://www.youtube.com/channel/UCgiC6WcWk9IM1Hnr_KQuGkg","https://play.google.com/store/apps/developer?id=Gigantic+Ltd.","https://apps.apple.com/us/developer/gigantic-ltd/id1271288492","https://www.facebook.com/ClaweeIsAwesome","https://www.instagram.com/clawee_app"],"flattenedsociallinks":"https://www.linkedin.com/company/18355183|https://www.youtube.com/channel/UCgiC6WcWk9IM1Hnr_KQuGkg|https://play.google.com/store/apps/developer?id=Gigantic+Ltd.|https://apps.apple.com/us/developer/gigantic-ltd/id1271288492|https://www.facebook.com/ClaweeIsAwesome|https://www.instagram.com/clawee_app","apps":{"appstore":"https://apps.apple.com/us/developer/gigantic-ltd/id1271288492","googleplay":"https://play.google.com/store/apps/developer?id=Gigantic+Ltd."},"is_claimed_by_owner":1,"employees":"11-50","employees_exact":28,"patent":0,"raised":14000000,"stage":"Acquired","public_stage":"Acquired","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4JvzluQKDA","primary_sector":"Media & Entertainment Technologies","alternativenames":["Gigantic LTD"],"about":"Gigantic develops mobile arcade games connected to physical counterparts, with players controlling real machines through the use of mobile apps. \r\n\r\nGigantic was founded with the aim of creating innovative, high-quality entertainment by connecting physical objects to virtual games. The companys first game, Clawee, features real claw machines that are playable through a mobile app.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"","country":null,"address":{"israeli":[{"id":"10dc829f-eeac-4679-882c-21a1f7a82686","city":"Tel Aviv-Yafo","type":null,"address":"Tvu'ot ha-Arets St 3, Tel Aviv-Yafo, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":null},"headquarter_address":null,"district":"Center District","news":[{"id":"ZPL8P5mvxgKjAhnsy6l8SCJ5611ssvdNBVxnEPNzmfNLeQDWpbBNk1","date":"Jan 28, 2025","link":"https://www.calcalistech.com/ctechnews/article/rksfb38uje","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"acquisition","round":null,"company":"Gigantic","layoffs":null,"summary":"Gigantic, an Israeli gaming company known for its Clawee app, is set to be acquired by Cyprus-based Fankong Global. The company, which has accumulated debts of approximately $10.8 million, filed for court protection and appointed a trustee to manage its rehabilitation. The trustee recommended selling Gigantics shares to Fankong Global for $360,000, as it would allow the company to be sold debt-free and facilitate a faster regulatory approval process. Gigantic, founded in 2017, previously raised $19 million from investors and at its peak employed over 120 people. Currently, it employs only 16 staff members.","partners":null,"customers":null,"eventType":null,"investors":["MoreTech Ventures","Vgames","NFX Capital"],"confidence":9,"key_topics":["acquisition","debt","court","rehabilitation","gaming"],"date_of_event":"November","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Acquired-by"],"acquisition_amount":"$360,000","FDA approved/pending approval":null,"AI technology developing/using":null,"structuredIssuesShow":"#Acquired-by","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"7FJb4Ev9MXloTCT1BzpqBIV0ALxVLyzYVtwTKXvSXELGzP5RVOKpL7","news_summary":"The court trustee favored Fankong Global’s offer to save the Israeli gaming company. ","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"Gynct1FnZ9CzXUvYWUXy0K6P924em8U7ximN9fBSnvIWal3Zx4ecI2","date":"Jan 27, 2025","link":"https://www.themarker.com/technation/2025-01-28/ty-article/.premium/00000194-ac8f-d360-a1bc-fd9fa6050000?_atscid=7_134353_204082920_3011652_0_Txtetaxjxdshwhus8sp","source":"www.themarker.com","visible":1,"analysis":{"tags":"acquisition","round":null,"company":"Gigantic","layoffs":null,"summary":"The Israeli startup Gigantic, known for developing the Clawee app that allows users to remotely control physical gaming machines, is facing financial difficulties due to a problematic business model. As part of a recovery plan, a trustee has proposed selling the company to a Cypriot firm, free of its 39 million shekel debt. This move is aimed at stabilizing the companys financial situation and ensuring its continued operation. The acquisition is seen as a necessary step to address the companys challenges and secure its future.","partners":null,"customers":null,"eventType":null,"investors":null,"confidence":9,"key_topics":["remote control","business model","debt","acquisition","startup"],"date_of_event":"January 28, 2025","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Acquired-by"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":null,"structuredIssuesShow":"#Acquired-by","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"FQqkQMsv1i6NTwHjWg9KyrMCGbIbo6NAXc12zu9gs8vpFdK39cbnHi","news_summary":"חברת המשחקים שגייסה 19 מיליון דולר מוצעת למכירה ב-1.3 מיליון שקל","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"5pwpkUpqwBNuGRXEUEkm5DYRqQA4HGE8SPUWQ023HAcHLZH5QeeFWt","date":"Nov 26, 2024","link":"https://www.calcalistech.com/ctechnews/article/sjxpzux7kg","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"financial struggles","company":"Gigantic","layoffs":104,"summary":"Gigantic, an Israeli gaming company known for its Clawee app, is facing significant financial challenges and has requested a court-appointed trustee to help rehabilitate the company. The company has accumulated debts of approximately NIS 39 million ($10.7 million) and is struggling to raise funds amid ongoing financial difficulties. Gigantic has raised around $19 million over the years from investors such as MoreTech Ventures, VGames, and NFX. The company, which once employed over 120 people, now has only 16 employees after recent cutbacks. Gigantic is seeking to maintain operations on a limited scale to secure investment or complete a sale transaction.","partners":null,"customers":null,"investors":["MoreTech Ventures","VGames","NFX"],"confidence":9,"key_topics":["fundraising","debts","trustee","financial challenges","gaming"],"date_of_event":"2023","valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Investment","Layoffs"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Layoffs","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"C6GNbRAbsq5ZZOIdJkxno4rKbT3mTkGojgrwq3Lzbsl6HYg1aueIs1","news_summary":"Gaming startup Gigantic requests court freeze after amassing $10.7M debt | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"e524b855-eb38-4e97-b7bd-c9c8acdcae0b","date":"Jul 12, 2022","link":"https://www.calcalistech.com/ctechnews/article/skzrri5sq","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Funding, Mobile Gaming","company":"Gigantic","layoffs":"Not mentioned","summary":"Gigantic, an Israeli startup that develops mobile arcade games connected to physical counterparts, has raised $7 million in a funding round co-led by MoreTech Ventures, NFX, and Vgames. The companys first game, Clawee, reached the top 30 most downloaded games in the U.S. and was also one of the top 100 grossing games. The funding will help the company maintain its leading position in the growing connected reality genre and continue to innovate and improve its game.","partners":"Not mentioned","customers":"Not mentioned","investors":["MoreTech Ventures","NFX","Vgames"],"confidence":9,"key_topics":["Funding Round","Mobile Arcade Games","Connected Reality","Clawee","Growth"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$7 million","structured_issues":["Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ezmmGbIL0B9pFb3mJWYpeuZ9slu6CO8Qjal74j9Lvf5LHCebkMm7tE","news_summary":"Gigantic raises $7 million to bring arcade-based claw machines online  CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ecce9f1e-b986-4147-8e90-34f25000b32e","date":"Feb 6, 2022","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3928769,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Gaming, Mobile App, Expansion","company":"Gigantic","layoffs":"Not mentioned","summary":"Gigantic, the company behind the Clawee game app, has seen significant growth with 1.5 million people playing each month and another million watching. The app allows users to operate a claw machine remotely, with the prize delivered to their home. Gigantic was founded by Ron Brightman and Oded Frommer, who raised $2 million in their first financing round, mainly from angel investors. The company has grown from four to 400 machines and employs 100 people. Gigantic is now looking to expand into other games and is considering incorporating non-fungible tokens (NFTs) into their platform.","partners":"Nintendo","customers":"1.5 million monthly players","investors":["Elad Kushnir","Gigi Levy-Weiss","Eitan Reisel"],"confidence":9,"key_topics":["Clawee App","Gaming","Expansion","Investment","Partnerships"],"date_of_event":"06.02.22","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$2 million in first round, $7 million in second round","structured_issues":["Customers","Investment","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"IWhGi9SEmFOOngkqFSIyb78x3yPCPd3UQ0R9lIwEFSC802TbcKxetF","news_summary":"Hitting the jackpot: Clawee is the next stage in gaming","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"593be66e-0c26-4238-9150-ab693c824810","date":"Feb 17, 2021","link":"https://www.israel21c.org/missing-claw-arcade-games-theres-an-app-for-that/","source":"www.israel21c.org","visible":1,"analysis":{"tags":"online gaming","company":"Gigantic","layoffs":null,"summary":"Gigantic, an online gaming company based in Tel Aviv, has experienced success with its first game, Clawee. The game allows users to control real arcade machines through a mobile app, providing a virtual claw machine experience. With 8 million downloads and $9 million raised, Gigantic has seen growth in the gaming industry, particularly during the COVID-19 pandemic. Clawee offers a variety of prizes, including deals with major toymakers like Disney and Nintendo. The company ships out about 100,000 prizes per month from its warehouses in the United States and China. Gigantic plans to expand its lineup of remote-controlled real-world arcade games, including the development of a Skee Ball machine. The company has raised $7 million in 2020 alone.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Online gaming","Clawee app","Virtual claw machines","Prizes","Operational complexity"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"iBKWgbIu8MY2TFGppcUHGxZTOS4oDyDbhaiNd9DHd85A97LP4CV7Jc","news_summary":"Missing arcade games? There's an app for that","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"45b70055-3a0f-4127-9176-6d4041c8edb9","date":"Feb 1, 2021","link":"https://www.gamasutra.com/view/pressreleases/376892/ETERMAX_AND_GIGANTIC_PRESENT_THE_FIRST_LIVE_MACHINE_THAT_ALLOWS_PLAYERS__TO_GET_PHYSICAL_MERCHANDISE_FROM_THE_TRIVIA_HIT__USING_THEIR_PHONE.php","source":"www.gamasutra.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"vSg3NVO2sCfxQwbWozxvAw1D4Hhv4iChyzSaqa8afjcrX0kpuLe9c0","news_summary":"Legacy Gamasutra URLs are experiencing issues  Game Developer","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"46127543-ace4-4f98-a4a9-af7a6ee98b6d","date":"Dec 7, 2020","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3879832,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"gaming","company":"Gigantic Ltd.","layoffs":null,"summary":"Israeli gaming startup Gigantic Ltd. has completed a $7 million funding round led by NFX Capital and Union Tech Ventures. The company, behind the game Clawee, enables playing real claw machines through live video streaming and delivers real prizes to winners. Gigantic plans to grow quickly and expand its workforce, with a new app set to launch in 2021. The game has been downloaded by eight million people, and the company mails out 100,000 prizes a month. Gigantic has partnerships with major toy manufacturers and offers a range of prizes including dolls, makeup, drones, and accessories.","partners":null,"customers":null,"investors":"NFX Capital, Union Tech Ventures","confidence":9,"key_topics":["Israeli startup","funding round","game Clawee","live video streaming","real prizes"],"date_of_event":"2020-12-07","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$7 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"hB65Ow2M3KreB0EEr4ixuoJLsuGiFbM6e2zGgB31bUYU2j2n9uPBj8","news_summary":"Gigantic raises $7 million to expand online transformation of real world arcade 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