October 07, 2024
Infinitar, the pioneering AAA MOBA blockchain game in the Web3 space, has successfully completed a $9 million Series A funding round. This round was led by Lam Group and AccelByte, who also covered the remaining financing, bringing the post-investment valuation to $150 million.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
InFinitar | $9M | October 07, 2024 | Series A | Lam Group and AccelByte | Web3 |
Previously, Infinitar had raised a total of $11.9 million through seed and angel rounds. The ongoing investment from Lam Group and AccelByte highlights their strong confidence in Infinitar’s future growth and provides substantial financial backing for its global market expansion and product innovation efforts.
About InFinitar
Infinitar is an immersive multiplayer online battle arena (MOBA) game that offers an unparalleled gaming experience. Players can engage in thrilling 3v3 and 5v5 battles against real opponents, selecting from a diverse roster of heroes to form powerful teams. The game features swift matchmaking, ensuring quick and intense gameplay sessions. Infinitar emphasizes teamwork and strategy, with unique maps and fair fights where skill and strategy determine success. The game also boasts simple controls, making it easy to learn and master, while providing a vibrant community for players to connect and compete.
Website: https://www.infinitar.com/
About Investor
This round was led by Lam Group and AccelByte
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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