Powder
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company does
Powder is a French startup founded in 2018 by Stanislas Coppin (CEO), Barthelemy Kiss, Yannis Mangematin and Christian Navelot. It is building the video infrastructure of social gaming: gamers import clips from mobile, PC and consoles, and Powder's editor auto-detects highlight moments (a goal in Rocket League, a Fortnite win) so users can trim, filter and share them with followers - an Instagram-style social app for gamers.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Powder founded in 2018; raised a $400,000 pre-seed round with Kima Ventures in August 2018.
- Seed round
Raised $1.5 million seed round in March 2019 led by General Catalyst and Slow Ventures.
- Extension
Raised a $1.3 million seed extension in May 2020.
- Series A
Raised a $14 million Series A led by Serena in February 2021, bringing total funding past $18 million (record: ~$20.1M).
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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