Last October, Saw many impressive fundraising rounds in the GameFi community. Let’s see the details below Top Gaming Funding Rounds In October 2022
Arcade – Making GameFi more accessible to everyone
Arcade is the GameFi platform built on Solana that allows its community to earn meaningful rewards fromc games, which are passed along via our revolutionary mission pools concept.
A mission pool is a derivative of any in-game activity. Whether a Star Atlas freight transport from one planet to another, a month of harvesting resources from a plot of Illuvium land, or any other in-game activity, a mission pool can represent it.
Arcade raises $3.2 million in a funding round led by Crypto.com, Kucoin, and Solana. With the seed round money secured, Arcade will continue its effort to open up blockchain gaming to the masses.
Stardust – Powering games in the metaverse
Stardust is a scalable NFT infrastructure for blockchain games. It allows developers to build and integrate NFTs into their games with fewer lines of code. The Stardust API helps you easily mint, burn, transfer NFTs and manage marketplaces, making it easier for any web2 developer to create blockchain games. Developers can also choose one or multiple blockchains after building the entire application.
The platform also offers a powerful NFT marketplace management system with NFT trading, time-based auctions, multi-chain support, mitigating compliance risk, and many other features.
Stardust recently acquired $30M in funding from a Series A round led by Framework Ventures. The company provides developer tools to game creators for building blockchain games with less code. The funding round was joined by Acrew Capital, Blockchain Capital, and Distributed Global. Stardust aims to become the de-facto infrastructure layer on which blockchain games are built.
Delysium – Build Virtual Society with AI MetaBeings
Delysium is an open space world on a blockchain. With admirable graphics quality and innovative gameplay, players can immerse themselves in the role of Metabeings – native digital residents.
With the advantage of decentralization, Meta being was born completely alone. Still, it can combine with surrounding economic ecosystems to create cities or themselves at will, bringing diverse and unique experiences for players. Mankind’s dream of a utopian utopia has now come true. In this timeless virtual space, anything is possible.
Web3 MMO game Delysium closed a $10 million strategic funding round led by Anthos Capital, with participation from Immutable, GSR, Blockchain Co-investors, Leonis Capital, Antalpha Ventures, Perion, Formless Capital, and others. The strategic funding will be used primarily to develop the content, enable unique AI-powered experiences, and build out the Delysium Multiverse, an open-source & decentralized publishing structure for web3 games.
Homa – Leading mobile games publisher
Homa develops technologies to empower game developers across the world, increasing efficiency through every step of the app production and publishing cycle. These technologies allow developers to dramatically increase their execution speed – most games are developed in only a few weeks as opposed to months before- and maximize their chance of success
Homa Games is the world’s leading platform for creating and publishing mobile games, with 6M+ active players and 900M+ downloads.
French startup Homa has raised $100 million in Series B, co-led by Quadrille Capital and Headline. The funding round saw Northzone, Fabric Ventures, Bpifrance, Eurazeo, and Singular participation. Homa partners with indie mobile game studios, so their games are perfectly optimized to become hit games on the App Store and Google Play.
Elyzio – Gaming Multiverse blending together fun gameplay experiences
Elyzio is a digital world where you can play, socialize and take part in a digital society. Customize your Warden, build your Private Base and experience widely different universes, gameplays and playstyles. Experiences are all interoperable and all linked through story and economy.
Gaming company Elyzio closed a $2 million Pre-Seed round led by Israeli investment fund Vgames, with participation from Solana Ventures, Shima Capital, Paribu Ventures and others.
Tribo – Mobile-first Web3 game studio
Open economies and permanent digital ownership are perfect building blocks. Mobile-first Web3 game studio by veterans from King, Kopla, PopCap, Rovio, and Wooga Multiplayer games with staying power. Games are made to maximize revenue from their passionate players, often using questionable methods broadly accepted by the industry as best practices. But they do not always give new and original content back in return.
Tribo has announced $1.2 million raised in a pre-seed round for a new game studio that will develop multiplayer games using Web3 technology. The investors have been identified as Play Ventures, Sisu Games Ventures, and Joakim Achrén.
Smash Stars – A free-to-play multiplayer car brawler fuelled
With Smash Stars, bringing a new breed of cross-platform action Arcade games to Web3 – accessible to everyone. Free to play across mobile and browser, the vision is to deliver fun, accessible, and replayable gaming experiences at any skill level.
The Smash Stars NFTs will be developed with a game-agnostic and interoperable mindset, with the aim of building the Smash Stars Arcade, where you can buy and collect NFTs – and even get some for free – that will have utility across multiple games.
Flowstate Games has raised $2 million and announced its first Web3 arcade game, a car combat game dubbed Smash Stars: Thunderdome.
Horizon – Building a new dimension where Internet economies
Since founding Horizon in late 2017, been delivering products to solve web3’s shortcomings and unlock utility. Building a new dimension where Internet economies are fun, accessible, and for the benefit of all participants.
Horizon, the developer of the non-fungible token (NFT) trading card game Skyweaver, has raised $40 million in a Series A funding round. Horizon plans to use the capital to build out its Sequence developer platform, Niftyswap marketplace, and Skyweaver game and to hire more staff.
The round was led by Brevan Howard Digital and Morgan Creek Digital and included investments from traditional gaming companies Ubisoft (UBI) and Take-Two Interactive (TTWO).
Alterverse – An expansive Metaverse game experience in development
AlterVerse, a gaming and world-building platform where users can play and create an infinite number of interconnected, player-owned worlds with blockchain integration, where users can play and create an infinite number of interconnected games and worlds. Players, Streamers, Builders, Creators, and Hosts can all monitize their activities.
BNB Chain based metaverse project AlterVerse has closed a private funding round with undisclosed amounts from Binance Labs, Polygon Ventures.
Verdict
Crypto winter has helped chill demand for nonfungible tokens, but that hasn’t stopped startups that use them from raising money.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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