a16z Leads $4.8M Seed Round for GameFi Startup Battlebound

a16z invests in Battlebound

Battlebound has announced that they closed the $4.8M seed round led by Andreessen Horowitz (a16z), with Play Ventures and Dapper Labs participating.

In addition, the list of investors is included many famous names in the crypto space like Kristian Segerstrale (CEO of Super Evil Mega Corp), Ryan Wyatt (CEO of Polygon Studios), Gabby Dizon (CEO of Yield Guild Games), Roham Gharegozlou (CEO of Dapper Labs), Alex Price (a16z Advisor), Raaid Hossain (Partner at Tribe Capital), Thomas Vu (Web3 Investor), and Kenny Carvalho (Game Industry Recruiter).

This funding will allow them to scale up and release its two game titles in phases while being quicker to market and de-risking development.

Founded in May 2021, Battlebound is currently developing two games. Evaverse is a metaverse game that’s open platform for other non-fungible token (NFT) communities to integrate playable avatars. The second game, codenamed Project A, is a next-gen creature collection game in which players can discover, battle and own assets. Project A will also be interoperable with Evaverse.

Last year, Battlebound launched an NFT collection of 10,000 playable game avatars, which generated $3 million in funding. The next NFT collection will launch later this year.

However, Evaverse doesn’t require players to connect a crypto wallet or purchase an NFT to begin playing.

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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Hazel

CoinCu News

a16z Leads $4.8M Seed Round for GameFi Startup Battlebound

a16z invests in Battlebound

Battlebound has announced that they closed the $4.8M seed round led by Andreessen Horowitz (a16z), with Play Ventures and Dapper Labs participating.

In addition, the list of investors is included many famous names in the crypto space like Kristian Segerstrale (CEO of Super Evil Mega Corp), Ryan Wyatt (CEO of Polygon Studios), Gabby Dizon (CEO of Yield Guild Games), Roham Gharegozlou (CEO of Dapper Labs), Alex Price (a16z Advisor), Raaid Hossain (Partner at Tribe Capital), Thomas Vu (Web3 Investor), and Kenny Carvalho (Game Industry Recruiter).

This funding will allow them to scale up and release its two game titles in phases while being quicker to market and de-risking development.

Founded in May 2021, Battlebound is currently developing two games. Evaverse is a metaverse game that’s open platform for other non-fungible token (NFT) communities to integrate playable avatars. The second game, codenamed Project A, is a next-gen creature collection game in which players can discover, battle and own assets. Project A will also be interoperable with Evaverse.

Last year, Battlebound launched an NFT collection of 10,000 playable game avatars, which generated $3 million in funding. The next NFT collection will launch later this year.

However, Evaverse doesn’t require players to connect a crypto wallet or purchase an NFT to begin playing.

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.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News

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