The post Pixelverse raises $5.5M from leading VCs appeared on BitcoinEthereumNews.com.

Pixelverse, the emerging entertainment studio and game ecosystem, has closed a funding round led by tier-1 VC funds and prominent founders from across the gaming and Web3 space. A total of $5.5M was raised to fund the growth of the Pixelverse gaming ecosystem that has attracted over 15 million users in less than its first month of operation. Lead investors included Delphi Ventures, Merit Circle, Mechanism Capital. Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures also participated, along with angel investors including Sébastien Borget founder of The Sandbox, Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon. The venture round arrives at a time when Pixelverse is enjoying record growth. Its quest-based cyberpunk browser and Telegram games now have more than 15 million registered users and over 5M daily active users.  Pixelverse has emerged as a trailblazer in the Web3 gaming landscape, rapidly achieving mainstream adoption. Poised to become the first platform to transition 100 million Web2 gamers to its expansive Web3 ecosystem, Pixelverse is turning the notion of mass adoption from a mere meme into a tangible reality. Kori Leon, COO of Pixelverse and former Binance Listing team, had this to say about the round:  “Never in my time at Binance did I see a company with such strong adoption metrics in such a short space of time. Pixelverse is truly a game changer for Web3 adoption and it’s incredible to see not only the growth in our userbase but also the deep connections and interactions formed within the community. Closing this round will allow us to expand our adoption strategy as we continue on our journey to become a leading gaming and entertainment hub not only in the Web3 space but globally.” Piers Kicks, founding partner of Delphi Ventures said: “We are pleased to be…

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Filed under: News - @ June 13, 2024 6:18 am