Web3 game studio Roboto Games completes $15 million Series A funding, led by a16z

2022-11-30 08:51:39

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ChainCatcher news, according to CoinDesk, Web3 game studio Roboto Games announced the completion of a $15 million Series A funding round, led by a16z, with participation from Ancient8, Animoca Brands, Gumi Cryptos Capital, Harrison Metal Capital, Makers Fund, Merit Circle, Transcend, and several angel investors. The funds will be used to develop the company's second game and to hire artists and marketers. To date, the company's total funding amount is $19.5 million, including a seed round in 2019.

It is reported that Roboto Games was founded by veterans from Web2, and the team behind it created ZipZapPlay in 2007, which produced 20 social Facebook games. Roboto Games has released a fast-paced battle game called Last Mage Standing and is currently focused on developing a massively multiplayer online (MMO) game codenamed Foragers and Fighters, with plans to launch an initial playable version of the game in the first quarter of 2023. The company also plans to establish a user-generated content (UGC) platform. (CoinDesk)

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