This company behind the Telegram-based crypto game just acquired an additional $2 million in funding.
On July 12, Pixelverse secured $2 million in funding from investment firms and individual investors including well-known crypto figures like Alex Kruger, Luke Belmar, Mike Dudas, and the anonymous investor Coco Bear joined venture capital firms Galaxy Interactive, Crit Ventures, and Arc Community.
“We are expanding into Pixelverse media and several product lines to ensure the long-term sustainability and profitability of our operations. This fundraising will support our growth right before our TGE which is coming this summer.”
Kori Leon, Pixelverse co-founder and COO
To mark this achievement, Pixelverse’s social media account has been expressing gratitude to its investors. These include Kevin Callahan, CEO and Co-Founder of Uniblock with prior experience at Twitter and Coinbase, and Mike Dudas, who received special recognition as a Pixelverse Angel Investor.
This funding news follows Pixelverse’s impressive achievement in June, where the rising game ecosystem and entertainment studio secured $5.5 million from prominent venture capitalists and leading figures in the Web3 space.
The funding round was led by heavyweights like Delphi Ventures, Merit Circle, and Mechanism Capital. Additional participation came from Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures. Even notable angel investors joined the table, including Sébastien Borget (founder of The Sandbox), Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon.
In their announcement, Pixelverse emphasized their thriving community, boasting over 15 million registered users and a strong daily active user base exceeding 5 million.When it comes to launching crypto games, Telegram has emerged as a successful platform with over 900 million in user base. With engaging titles like Hamster Kombat and now, Pixelverse, Telegram is proving to be a key player in customer acquisition for businesses focused on blockchain technology.
