Browsing: Funding

Parallel Studios, the startup behind the popular Ethereum NFT card-battler game Parallel, has announced a successful funding round, raising $35 million from major firms in the crypto industry and notable angel investors. The funding comes from prominent names such as investment management giant VanEck, Solana Ventures, the Base Ecosystem Fund, Collab + Currency, and The…

Web3 gaming investments jumped to $60 million in July after three months of decline, with investors prioritizing “fun-first” games over pure tokenomics plays. The funding primarily flowed to projects with proven teams and strong intellectual property.