The post Pixelverse raises $5.5M from leading VCs to fund global expansion of Web3 Gaming appeared on BitcoinEthereumNews.com.

The Web 3 gaming and entertainment studio Pixelverse has reportedly secured $5.5 million in Venture Capital funding. The entertainment studio and Web 3 gaming ecosystem plan to use the funds to expand Web 3 gaming outreach.  Pixelverse has managed to raise $5.5 million in a competitive funding round from both VC funds and angel investors. Many angel investors who participated in the funding round have a solid background in the gaming and Web 3 space. Also Read: Mon Protocol Partners With Quest-Based Battler Pixelverse. The Pixelverse platform has achieved significant milestones so far. Since it started operating a month ago, the platform has attracted over 15 million users. These incredible numbers could possibly be the reason behind this VC funding round’s success. At the moment, Pixelverse is reportedly recording an average of 5 million daily active users. Pixelverse attracts top VC firms Pixelverse, the emerging game ecosystem and entertainment studio, raised $5.5M from top VCs and Web3 founders. Investors include @Delphi_Digital , @MeritCircle_IO , @MechanismCap , @BitscaleLabs and more, along with angel investors like @borgetsebastien , @dingalingts ,… pic.twitter.com/v1vR93QtPe — Pixelverse (@pixelverse_xyz) June 12, 2024 Top VC firms have reportedly come together to accumulate funds for the Pixelverse Web 3 gaming platform. Delphi Ventures, Mechanism Capital, and Merit Circle were the lead VC firms that participated in the funding round. Other VC firms involved include Ghaf Capital, Bitscale Capital, LiquidX, Foresight Ventures, and Big Brain Holdings. These five VCs also significantly contributed to this funding round, which aims to grow the Web 3 gaming space. Sebastien Borget, the founder of the Sandbox, was also in attendance. Borget was in the company of notable individuals, including Luca Netz, DCF GOD, Dingaling, Grail, and James Kwon. Following the successful VC funding round, Kori Leon, the CEO of Pixelverse and former Binance Listing…

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Filed under: News - @ June 12, 2024 8:20 pm