Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pan...
Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC names in the crypto space like a16z, also had the participation of Pantera Capital and FTX Ventures. Kevin Lin, CEO of the company and co-founder of Twitch, stated the company will focus on making high-quality games with blockchain elements. Metatheory Scores $24 Million in Series A Round Metatheory, a Web3 gaming company that combines entertainment experiences with blockchain elements, informed it has raised $24....
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The funding round led by Web3-focused venture capital firms will be used for upcoming nonfungible tokens, comics and a play-to-earn game slated for late 2022. Web3 gaming and entertainment company Metatheory founded by Twitch co-founder Kevin Lin has raised $24 million in a Series A funding round on Monday.The round was led by crypto capital venture firm Andreessen Horowitz (a16z), with participation from Pantera Capital, the venture arm of the FTX cryptocurrency exchange, FTX Ventures, and other venture firms, according to the announcement.Metatheory was launched in November 2021 around....
A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming and consumers, and infrastructure. This move complements the investments that the VC has made in other gaming and metaverse-involved startups.
A16z Doubles Down on Gaming
Executives at a16z seem to be enticed by the intersection of metaverse, Web3, and gaming happening now in the industry.....
Golden, a startup that seeks to build a decentralized data hub, has raised $40 million dollars in a Series B funding round. The round, which was led by a16z crypto, will allow the company to keep building its concept, which revolves around combining data submission and validation with Web3-based token incentives. Golden Raises $40 Million to Build Decentralized Encyclopedia Golden, a decentralized data hub company, has announced it has raised $40 million in its latest Series B funding round. The round, which was led by a16z crypto, had the participation of many big names in the VC industry....
Andreessen Horowitz (A16z) is launching a new fund that will exclusively invest in the gaming and metaverse industries. The new $600 million fund is comprised of a pool of dedicated cash and a new internal structure aimed at locating acquisitions inside the gaming vertical. The fund, which aspires to establish the future of the gaming […]
Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round was led by a16z, which considers we are at a turning point in the web3 space. The company has multiplied its revenue by 15x in the last six months, a testament to the impact it has caused on the ecosystem.
Alchemy Reaches $3.5 Billion Valuation
Alchemy, a web3 and blockchain infrastructure provider, has reached a milestone by raising $250 million in its series C funding round. The round was led by....