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WOWCUBE GETS $1.5M FROM XSOLLA FOUNDER

Take for example, what would happen if a handheld gaming system and a Rubik’s Cube were combined. You’d be given the WowCube by CubiOs Inc.

Cubios, the company behind the WowCube handheld gaming cube, has raised $1.5 million in funding from Aleksandr Agapitov, the founder of Xsolla, and other investors. The funding is a portion of a total of $4.5 million raised by the company in its most recent round of financing.

The WowCube is similar to a Rubik’s Cube, but it has displays built into it. Simple in design, it is one-of-a-kind because it was conceived by a 13-year-old boy five years ago and developed into a company by his father over the following five years. The young adolescent inquired of his father about the possibility of creating a Rubik’s Cube out of video game displays. Cubios was founded by his father, Ilya Osipov, in order to make this happen.

The San Rafael, California-based company wished to break away from the traditional mold of game consoles, handhelds, and smartphones that had previously existed. And it has developed a gaming device that can be twisted, shaken, and turned in the palm of one’s hand.

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