Web3 Game Dogamí Closed A $7 Million Seed Extension Round
Dogamí, a Web3 game in which users raise and train virtual dogs, has concluded a seed expansion round of $7 million.
The funding round was headed by XAnge, a European venture capital firm, and ended at the end of November. Other investors include the Blockchain Founders Fund, Wagram Capital, and Bpifrance.
The company previously raised $6 million in January 2022, bringing the total to about $14 million. Among the company’s key investors are Ubisoft, Tezos, and Animoca Brands.
Dogamí is the maker of a Web3 pet simulator that allows people to breed virtual dogs with NFT tokens. With these new funds, Dogamí intends to grow its Web3 portfolio with new goods aimed at a larger consumer market.
DOGAMI and the global fashion company GAP were able to sell 12,000 virtual dog avatars and 12,000 virtual dog accessories with the original $6 million investment.
Dogamí NFT holders may use the game’s DOGA House app on iOS and Android smartphones. The virtual dogs may be interacted with in a number of activities, including playing, feeding, stroking, and walking.
The game has over 200,000 users from over 80 countries, all of whom have one trait: a love of dogs. A player’s average age is 30, and they are of all genders.
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