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Square Off Raises $1 Million Via Crowdfunding On Kickstarter & Indiegogo

08-26-2020 03:55 PM CET | Leisure, Entertainment, Miscellaneous

Press release from: Square Off

Square Off Raises $1 Million Via Crowdfunding On Kickstarter & Indiegogo

Square Off Raises $1 Million Via Crowdfunding On Kickstarter & Indiegogo

Mumbai, India - August 26, 2020 - Square Off, the renowned makers of the world’s smartest automated chess boards, have hit the $1Mn crowdfunding mark for their latest board gaming range - Square Off Neo and Swap. 5500+ backers have backed Neo, an affordable, automated chess board, and Swap, a first-of-its-kind board with multiple games, from over 70 countries. The crowdfunding campaign, launched on Kickstarter and followed up by Indiegogo, is 2000% funded over the goal amount of $50,000.

Square Off Neo, at a starting price of $169, is a lighter, faster and affordable chess board meant for every household. Its adaptive AI, personalized chess coaching and 1.5x faster movements makes it a-hard-to-resist for any chess lover out there. With a seamless, no-press movement of pieces and silent machinery, the board is quite a leap from the existing models.

Square Off Swap, currently priced at $229, offers users the convenience of playing multiple board games on the same surface. To begin with, it supports four games - Chess, Draughts, Halma and Connect 4, making it a desirable board game for all age groups. Paired with the Square Off App, both these products are globally connected; so, whether your opponent is in a different room or a different continent, the game still goes on! Swap also packs in the much-awaited Blitz Chess feature.

“We are exhilarated by the success of our second crowdfunding campaign.”, says the CEO, Bhavya Gohil. “We introduced Neo with a vision of an exemplary, affordable chessboard for every home and with Swap, we’ve attempted to revolutionize board gaming and thereby the experience altogether. Our next step is to get the boards in production and deliver at the earliest. Though the pandemic has affected our delivery timelines, we are committed to deliver quality products to our backers at the earliest.”

Their previous crowdfunding campaign in 2017, for their products Kingdom Set & Grand Kingdom Set was a huge success too, raising over US $535,000. Square Off boards enable users to play against the board or anyone from across the globe. The users can challenge anyone for a game, on the board or even the app, giving Square Off users access to more players. When the opponent makes their move on the app or on their respective boards, the chosen piece automatically moves on the player's board like some magic.

Aatur Mehta, CTO, says, “We’ve understood crowdfunding is a great platform for early-stage hardware startups. Generally, venture capitalists fund the startups only once the product is in the market. However, the cost for product development is high and crowdfunding comes in handy. It also validates the product, before the product is launched in the actual market.”

The Indiegogo campaign for the Square Off Neo & Swap will continue to be live only for a limited time. Get your hands on these futuristic boards before 7th September 2020 on Indiegogo.

Infivention Technologies Pvt. Ltd.
102, Marwah House, Krishanlal Marwah Marg, Marol, Andheri East, Mumbai, Maharashtra 400072
Anjali Hamirwasia
anjali@squareoffnow.com

Square Off is a one-of-a-kind gaming company that is revolutionizing the industry using robotics, artificial intelligence and leveraging the IoT. The vision is to enable connected gaming over a single platform. The company’s creations allow for remote play while offering a more human and tactile experience, adding both magic and connectivity to people’s lives. In three years, Square Off has more than 25,000 satisfied users across the globe with over $5 Million in revenue.

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