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July 14, 2024
1 min read

Pixelverse secures $2m in funding, reaches total $75m

TLDR:

  • Pixelverse raised an additional $2 million in private funding, bringing their total to $7.5 million for the round.
  • The funding round attracted leading web3 VCs such as Galaxy Interactive and Crit Ventures, as well as angel investors.

In a recent post on X, web3 game ecosystem Pixelverse announced that it had raised an additional $2 million in private funding, bringing their total funding to $7.5 million for the round. The extension to the round attracted leading web3 VCs, including Galaxy Interactive, Crit Ventures, and Arc Community, as well as several angel investors.

Pixelverse is a gaming ecosystem that integrates third-party developers, intellectual properties, and its own projects, featuring a cyberpunk-themed game available on both Telegram and web browsers. Co-founder Kori Leon stated that they are making crypto accessible to all through gaming mechanics. The company is expanding into Pixelverse media and launching several product lines to ensure long-term sustainability and profitability.

Previously, Pixelverse had announced an initial $5.5 million funding round, led by venture capital funds such as Delphi Ventures, Merit Circle, and Mechanism Capital. The round was also supported by Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures.

Pixelverse’s ecosystem includes a web-based platform and game offering a broader range of activities and interactions for players, ensuring a seamless gaming experience across different devices. The company’s expansion and growth in the web3 gaming space continue to attract investors and support from the community.

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