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Ludeo

Former names: Edge Gaming, Edge
Playable Social Platform for Gamers
Startup A Founded 2020 Media & Entertainment Technologies
Last Update Mar 6, 2025 · Claimed

Ludeo News

1 article
Oct 19, 2025 · www.calcalistech.com
growth-negative
Gaming startup Ludeo lays off half its staff as AI reshapes industry | CTech
Ludeo, a gaming company founded in 2022, is undergoing significant restructuring after raising $42 million from investors such as Corner Ventures, LG Ventures, and others. The company is laying off approximately half of its 50 employees, primarily in Israel, due to changes in the gaming industry influenced by AI technologies. Ludeo, which developed an interactive media format for gaming, is reassessing its strategy and operations. In May, Rob Schonfeld was appointed as the companys first Chief Business Officer, bringing experience from his previous role as CRO of Activision Blizzard. The layoffs and strategic reassessment indicate a challenging period for Ludeo as it navigates industry shifts.
InvestmentLayoffsManagement Changes