Web3 game social companion platform E-PAL completes $30 million financing

ChainCatcher news, according to Coindesk, the Web3 gaming and social companion platform E-PAL has announced the launch of its AI-driven blockchain experience platform, Balance. E-PAL has successfully completed two rounds of funding led by Andreessen Horowitz (a16z) and Galaxy Interactive. To date, E-PAL's total funding has reached $30 million.

Its latest funding round also received support from other investment institutions, including Animoca Brands, K5, CLF Partners, MBK Capital, New Heights Fund, AMBER, MarbleX, Sky Mantra, Tuna, Aptos Labs, IOBC, Leland, Halcyon Capital, Uphonest, Taisu Ventures, Gate Labs, DWF Ventures, BING, WAGMI, YouTube co-founder Steve Chen, Riot Games CEO Marc Merrill, and League of Legends director Thomas Vu.

The funds will primarily be allocated to the development of the Balance infrastructure, which aims to bring transformative innovation to the social industry by integrating cutting-edge blockchain and AI technologies.