ChainCatcher news, according to The Block, the crypto gaming investment firm Bitkraft Ventures announced a lead investment of $9 million in the seed round financing of the Web3 mobile gaming platform Party Icons. IDG Capital and The Sandbox co-founder Sebastien Borget are among the institutions participating in this round of investment.Party Icons plans to use the funds to develop games and social experiences, as well as to strengthen its Web3 infrastructure. The platform currently offers three unique modes designed to combine the social elements of party games with the excitement of shooting games.Quinn Campbell, Vice President of Growth at Party Icons, stated that the platform focuses on users' favorite "fragmented" entertainment, with most game durations not exceeding 12 minutes to accommodate modern players' habits.

ChainCatcher news, according to Venturebeat, game developer Darkbright Studios announced the completion of a $6 million seed round financing. This round was led by Bitkraft Ventures, with participation from Play Ventures, Anthos Capital, King River Capital, Rockaway X, Zentry, Caballeros Capital, Gam3Girl Ventures, and Offchain Labs.The company plans to use the funds to develop core games, with the first title being the life simulation game Smolbound. This hybrid of RPG and simulation is a player-driven world that seamlessly integrates Web3 technology.Darkbright has begun closed testing of the game and plans to launch it next year on the Treasure Layer-2 blockchain.

ChainCatcher news, according to VentureBeat, blockchain game infrastructure provider Cartridge has completed a $7.5 million Series A funding round, led by Bitkraft Ventures, with participation from Fabric, Dune, StarkWare, Primitive, and Ergodic.Cartridge, a company providing infrastructure for on-chain games and autonomous worlds, also announced the launch of Dojo 1.0, an open-source development toolkit and framework for building verifiable games.

ChainCatcher news, according to The Block, the crypto AI startup Mira announced the completion of a $9 million seed round financing, led by Bitkraft Ventures and Framework Ventures, with participation from Accel, Mechanism Capital, Folius Ventures, and SALT Fund. The company was founded earlier this year, started fundraising in April, and completed the seed round in June.Mira's co-founders Sidhartha Doddipalli and Karan Sirdesai stated that the platform aims to help developers quickly build AI-native applications, with over a dozen projects already using Mira's infrastructure to develop AI applications. Mira plans to launch a blockchain record platform for transactions in the future.

ChainCatcher news, MMO game Cambria announces the completion of a $2.5 million seed round financing, led by 1kx and BITKRAFT Ventures, with participation from Delphi Ventures co-founder Piers Kicks, Hype Investments founder hype, Delphi Ventures co-founder Tommy, BACKED co-founder Alex Brunicki, and others.The raised funds will be used to create an "MMO" online game inspired by Runescape, featuring large-scale on-chain betting.It is reported that Cambria's first mini-game, Cambria: Duel Arena, has seen over 700,000 battles on Blast in about 3 months, with stakes exceeding $88 million, all fully managed on-chain.According to the Web3 asset data platform RootData, Cambria is a risk-oriented MMO game inspired by Runescape, featuring massive on-chain betting. In the game's first iteration, Gold Rush, players must engage in both economic and real-time PvP to acquire Blast Gold and ETH, competing fiercely for dominance in the game.

ChainCatcher news, Solana's atomic SVM Layer2 Sonic has completed a $12 million Series A funding round, led by Bitkraft, with participation from multiple institutions and individuals including Galaxy Interactive, Big Brain Holdings, Matt Sorg (founding team of Solana), and Nom (Bonk). This round of financing will be used to promote product upgrades and ecosystem expansion for Sonic. Sonic is about to launch a testnet incentive program, inviting users to experience its various ecosystem games on the testnet and gain opportunities for token airdrops.At the beginning of 2022, Sonic completed a $4 million seed funding round, bringing its total funding amount to $16 million. The developer of Sonic is Mirror World Labs.Sonic is the first SVM L2 to achieve atomic interoperability with Solana, enabling rapid synchronization of its Layer2 network with the Solana mainnet state. Developers can share the mainnet's Program, state, and data without redeploying contracts. Additionally, Sonic integrates infrastructure tailored for Solana game development and deployment—such as sandbox environments, customizable game development modules, and scalable data types—combined with the parallel execution model of the Solana Virtual Machine (SVM) and the characteristics of a localized transaction fee market, providing on-chain gamers with faster transaction speeds and lower, more stable transaction fees for a quicker and smoother on-chain gaming experience.

ChainCatcher news, according to official sources, the AI metaverse game AVALON has completed a $10 million financing round, led by BITKRAFT Ventures and HASHED, with participation from Coinbase Ventures, Foresight Ventures, Delphi Digital, Spirit DAO, Sanctor Capital, DEXT Force Ventures, Follow the Seed, LVT Capital, Andromeda Capital, FocusLabs, LiquidX, and Momentum6.It is reported that the studio plans to release a massively multiplayer online game, Avalon, with a closed early access version set to launch later this year. The Avalon metaverse will combine technologies such as Unreal Engine 5 with an AI-assisted user-generated content system. In addition, the upcoming NFT series for Avalon will introduce AI-driven avatar NFTs.

ChainCatcher news, Web3 growth marketing service company Addressable announced the completion of a new round of financing of $6 million, led by Bitkraft Ventures, with participation from Karatage, Viola Ventures, Fabric Ventures, Mensch Capital Partners, NorthIsland Ventures, and others. According to the crypto asset data platform RootData, the company's total financing amount has reached $13.5 million to date.

ChainCatcher news, according to TechCrunch, the Bitcoin cashback platform Lolli has completed a $8 million Series B funding round, led by BITKRAFT Ventures, with participation from Sfermion, Ulta Beauty's Prisma Ventures, Hypersphere Ventures, ZebPay's CEO Rahul Pagidipati, 2 Punks Capital, MZ Web3 Fund, Seven Seven Six, Founders Fund's Pathfinder Ventures, Bain Capital Ventures, Serena Williams' Serena Ventures, Logan Paul and MrBeast's Night Media, among others.The new funds will be used to launch Lolli's rewards program to business partners such as exchanges, new banks, banks, payment companies, and browsers.

According to ChainCatcher, as reported by TechCrunch, Web3 tactical collectible card game Shardbound developer Bazooka Tango has completed a $5 million funding round, led by Bitkraft Ventures, with participation from RW3 Ventures, Sfermion, Foresight Ventures, and Builder Capital. Bazooka Tango will launch a public beta later this year. It is set to officially launch in 2024 and will be available on Steam, Epic, Apple Store, and Google Play Store.The company was founded in 2019 by Bo Daly and Stephan Sherman, who are veterans of the AAA gaming industry and the masterminds behind the multiplayer online battle arena game Vainglory. Vainglory was developed and published by Daly and Sherman's previous game company, Super Evil Megacorp.

ChainCatcher news, according to AlleyWatch, blockchain music collaboration protocol development company Baton announced the completion of a $4.2 million financing round, led by BITKRAFT Ventures, with participation from Techstars, Dorm Room Fund, NYU Innovation Venture Fund, Berkley Center for Entrepreneurship, Dark Arts, Franklin Templeton, Harmonic Future, and a number of angel investors.It is reported that Baton has built a music collaboration protocol and a mixed media collaboration protocol based on blockchain, aimed at helping creators exchange music materials, track intellectual property, and obtain corresponding incentives. In the future, the company also hopes to expand related applications beyond the music industry.

ChainCatcher news, the video game platform Forge has completed a $11 million seed round financing, led by Makers Fund, Bitkraft Ventures, and Animoca Brands, with participation from Hashkey Capital, Polygon Ventures, Formless Capital, and Adaverse. The funding will be used to build a platform that connects and rewards gamers for their achievements.According to reports, Forge is a gaming platform that allows players to aggregate their gaming lives and achievements into their profiles and earn rewards based on their participation.Existing investors in Forge also include strategic investors such as Griffin Gaming Partners, Riot Games, and Sony Innovation Fund, as well as angel investors including gaming industry leaders like Riot Games founder, Twitch founder, TSM founder, Kabam founder, and YouTube founder Steve Chen.

ChainCatcher news, according to Lookonchain data, the price of YGG tokens has increased by about 232% in the past week, with 2 investors depositing a total of 3.57 million YGG (approximately 2.06 million USD) into Binance after the surge.Among them, BITKRAFT Ventures deposited 1.57 million YGG (approximately 907,000 USD) into Binance through Wintermute Trading and FalconX; a certain whale starting with address 0x639B deposited 2 million YGG (approximately 1.16 million USD) into Binance and currently still holds 2 million YGG (approximately 1.16 million USD).

ChainCatcher news, according to VentureBeat, the Web3 game launch platform has completed a $12 million financing round with the multi-chain game aggregator store HyperPlay, led by Griffin Gaming Partners and Bitkraft Ventures, with participation from MetaMask's parent company ConsenSys, Ethereal Ventures, Delphi, Game7, Mirana Ventures, Monoceros Ventures, and others.It is reported that HyperPlay was co-founded by MetaMask and Game7 DAO in November 2022, aiming to achieve interoperability for all Web3 games through wallets. Currently, its game store has listed 33 games. (Source link)

ChainCatcher news, according to mobidictum, the Web3 loot box development company Loot Labs has completed a $1.5 million Pre-Seed funding round, led by BITKRAFT Ventures, with participation from Polygon Ventures, Mechanism Capital, Lofty Ventures Syndicate, and video game streamer Hammoudi Yassuo Abdalrhman. The new funds will be used for product development, marketing efforts, and establishing partnerships to enhance community engagement with existing assets on the Web3 loot box platform Boxed.gg.Milan Harris, founder and CEO of Loot Labs, previously served as an executive for the NFT project Cool Cats. Loot boxes are similar to virtual treasure chests commonly found in games, allowing NFT buyers to acquire digital collectibles fairly and transparently by publicly disclosing unpacking probabilities and dynamically adjusting prices based on real-time market data. (Source link)

ChainCatcher news, according to TechCrunch, Bitkraft Ventures, which manages $830 million in assets, announced the introduction of two new executives to expand the Asian Web3 gaming market: Jin Oh, former president of Riot Games and CEO of Garena, and Jonathan Huang, former vice president of Temasek. They will be responsible for identifying high-potential blockchain games in Asia, with the venture capital firm expecting to invest between $1 million and $5 million in Web3 projects.ChainCatcher previously reported that Bitkraft, a venture capital firm focused on the gaming sector, has raised $220.6 million for its second "Token Fund," with a total fundraising target of $240 million. (source link）

ChainCatcher news, the Web3 XR fighting live streaming platform Karate Combat has announced the completion of a $18 million financing round, led by Bitkraft Ventures, with participation from Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, Lattice, M13, Santiago Santos, RooxieXBT, and others.It is reported that on the Karate Combat platform, fighters will compete in an immersive CGI environment, with the process being live-streamed for users to watch. The platform's XR technology is supported by Epic Games' Unreal Engine, and users can earn a token called KARATE by watching matches through the application. (source link)

ChainCatcher news, according to CoinDesk, based on a filing submitted to the U.S. Securities and Exchange Commission (SEC) on March 30, the game-focused venture capital firm Bitkraft has raised $220.6 million for its second "token fund." The total fundraising target for this fund is $240 million.It is reported that Bitkraft launched a similar fund in October 2021, aimed at investing in blockchain games and digital entertainment, securing $7.5 million in committed capital.Bitkraft was founded in 2016 by gaming and esports veteran Jens Hilgers, focusing on seed to Series B financing for game studios, gaming platforms, and game-related technologies in both Web2 and Web3. Bitkraft's managed assets have grown to approximately $600 million, with one-third related to Web3. The company's funds include an esports-focused fund, a general venture capital fund, and two token funds. The company's investments are made through a combination of equity and tokens.Additionally, according to data platform Rootdata, Bitkraft's recent investments include Eve Online developer CCP Games and blockchain-supported mobile game developer Jungle. (source link)

ChainCatcher news, according to The Block, Web3 game studio Jungle has completed a $6 million seed round financing, led by Bitkraft and Framework Ventures, with participation from Delphi Digital, Karatage, Fourth Revolution Capital, Monoceros, 32bit Ventures, Stateless Ventures, Snackclub, and Norte Ventures. This round of financing will be used to build the team, marketing, and the release of the games they produce. (Source link)

ChainCatcher news, Web3 loyalty platform Cub3 has completed a $6.5 million Series A funding round, led by Bitkraft and Fabric Ventures, with participation from CMT Digital, Red Beard Ventures, and Geometry Labs. The Cub3 platform helps brands create loyalty programs and incentivizes users to complete tasks in the form of tokens. (Source link)