Bittime - Planet Mojo, a leadingWeb3 games studio , has successfully closed a new strategic funding round. This significant investment, totaling US$10.5 million , supports their mission to create innovative and engaging games in the rapidly evolving Web3 gaming landscape.
Investments Led by Industry Giants
This funding round was spearheaded by leading companies in the Web3 and gaming sectors, including:
- Animoca Brands: A pioneer in the development and investment of digital assets and gaming experiences powered by blockchain technology.
- Merit Circle: A decentralized venture capital (VC) firm focused on developing a Play-to-Earn ( P2E ) gaming ecosystem.
- Courtside VC: VC firm specializing in early stage investments in the digital sports and entertainment industry.
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Broader Support Consortium
In addition to these industry leaders, a diverse consortium of investors participated in the round, including:
- Spartan Group
- Citizen Capital
- Sphermion
- Big Brain Holdings
- EVG
- Republic
- NGC Ventures
- Readyplayer DAO
- Alchemy
- Momentum 6
- Skyvision Capital
- RW3 Ventures
- Collab + Currency
- Polkastarter
- Metavest Capital
- Symbolic Capital
- Everyrealm
- Fourth Revolution Capital
This broad participation underscores the widespread confidence in Planet Mojo's vision and potential in the Web3 gaming space.
The Future of Web3 Gaming
The influx of capital will empower Planet Mojo to:
- Developing Advanced Games: The team will focus on creating immersive and engaging Web3 games that leverage the unique advantages of blockchain technology.
- Driving Innovation: The funding allows Planet Mojo to explore and implement innovative features and mechanics in their games.
- Expanding Studio Capabilities: These resources will be used to strengthen the studio's development team and overall operational capacity.
Conclusion
Planet Mojo's successful funding round is proof of the growing Web3 gaming industry. With the support of leading investors and a talented development team, Planet Mojo is well positioned to make a significant impact in this rapidly growing space.
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