June 25, 2024
Shaga, an emerging player in the cloud gaming industry, has successfully raised $1 million in a Pre-Seed funding round. The round was led by Arca and saw participation from a diverse group of investors including Stephen Akridge, Harkl, Dev Bharel, Sonament, Yuan Gao, MARIN DIGITAL VENTURES, Quotient Ventures, Pavel Bains, Amir Haleem, Aurory, Skybridge 20 Ventures, among others.
Project | Latest Raise | Latest Raise Date | Stage | Category |
|---|---|---|---|---|
Shaga | $1.1M | June 25, 2024 | Pre-Seed | Gaming |
The backing from the father of DePIN, creators of a top web3 game, and two-thirds of Solana’s co-founders has provided Shaga with a dream team to help turn their vision into reality.
With the new funding, Shaga is well-positioned to continue its growth trajectory and make significant strides in the cloud gaming industry. The company’s commitment to its vision and the strong support from its investors underscore the potential that Shaga must transform the cloud gaming landscape.
About Shaga
Shaga is a Stockholm-based company that specializes in the development of a Web3 cloud gaming platform. The platform is designed to seamlessly integrate play-to-earn mechanics and gain player traction through social media engagement. Shaga bridges the gap between gamers, game developers, and the emerging Web3 landscape.
The company offers a two-pronged solution: Node Operator and Quests. These solutions enable clients to play without limitations, unlock rewards through simple social media tasks, and participate in a collaborative Web3 gaming ecosystem.
Website: https://www.shaga.xyz/
X Followers today: 6,667
About Investor
The round was led by Arca and saw participation from a diverse group of investors including Stephen Akridge, Harkl, Dev Bharel, Sonament, Yuan Gao, MARIN DIGITAL VENTURES, Quotient Ventures, Pavel Bains, Amir Haleem, Aurory, Skybridge 20 Ventures, among others.
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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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