Dark
Light
Today: November 12, 2024
July 23, 2024
1 min read

NPC Labs Secures $18M Funding for Innovation Expansion

TLDR:

  • NPC Labs, a developer of gaming technologies for blockchain networks, raised $18m in seed funding.
  • The round was led by Pantera Capital and included participation from other funds.

NPC Labs, a company based in Elizabeth, NJ, has successfully raised $18 million in seed funding for the development of gaming technologies for blockchain networks. The funding round was led by Pantera Capital, a venture capital firm, with participation from other notable funds such as Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle EcoFund. This brings the total amount raised by NPC Labs to $21 million.

The CEO of NPC Labs, Bayo, plans to use the funds to expand the company’s operations and further develop their gaming technologies. NPC Labs aims to provide a comprehensive platform for creating, monetizing, and scaling real-world items connected to digital assets. This platform also enables customers with intellectual property and assets to build and manage their global distribution.

With the support of Pantera Capital and other investment funds, NPC Labs is poised to continue its growth and make advancements in the development of gaming technologies for blockchain networks. This seed funding will allow the company to further innovate and provide valuable solutions for the gaming industry.

Previous Story

Romanian VC backs local AI startup with EUR 1 mln

Next Story

India’s Budget 2024: Launching ₹1000 Crore Fund for Space Economy

Latest from Blog

Go toTop