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Today: November 29, 2024
March 26, 2024
1 min read

Carbonated secures $11M funding for new entertainment venture


TLDR:

  • Carbonated Inc. raises $11 million for debut game title “MadWorld” with series A funding.
  • Game features post-apocalyptic setting with player-versus-player and player-versus-environment elements.

El Segundo-based gaming studio Carbonated Inc. has secured $11 million in series A funding to support the development and release of its first game title, “MadWorld.” The funding round was led by game developer and publisher Com2uS Corp. along with several venture capital firms such as Blocore, Goal Venture Partners I LLC, Andreessen Horowitz Capital Management LLC, Bitkraft Ventures Management LLC, Wagmi Ventures, and Cypher Capital DDM.

Founded in 2015 by Travis Boatman, Carbonated has been focused on research and development for “MadWorld,” a multiplayer shooter game set in a post-apocalyptic world. The game incorporates elements of player-versus-player and player-versus-environment gameplay, with players battling for land control in a dystopian landscape. Utilizing open-source mapping tools and its proprietary technology Carbyne, Carbonated has created a game world based on real-life cities and locations, allowing players to start in their own real-time locations.

Additionally, “MadWorld” offers blockchain technology integration through a digital asset-ownership layer powered by the XPLA blockchain network, developed by Com2uS. The game aims to provide players with a unique and immersive gaming experience that combines cutting-edge technology and innovative gameplay mechanics.


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