February 27, 2025
Shaga, a cloud gaming platform focused on delivering low-latency gameplay, has secured $4 million in a seed funding round. The investment was led by IOSG Ventures, with participation from multiple backers, including Amber Group, Arca, HashCIB, Memetic Digital, Everyrealm, Syndika, MH Ventures, 3rd Street Capital, ATOM Accelerator, and others. The funding is expected to support the development of Shaga’s cloud-based infrastructure and efforts to expand access to high-performance gaming.
Shaga is working on a platform that removes hardware constraints by shifting game processing to the cloud. The company’s approach is centered on optimizing network performance and leveraging streaming technology to allow users to play graphically demanding games on a wider range of devices. With this funding, Shaga aims to refine its technology, scale its operations, and enhance its offerings in the cloud gaming sector.
About Shaga
Shaga is a cloud gaming platform designed to enable high-performance gaming without reliance on specialized hardware. By utilizing cloud-based processing and streaming, the company aims to provide an accessible gaming experience with reduced latency across various devices.
Website:Â https://glob.shaga.xyz/
X:Â @playonshaga
About Investor
IOSG Ventures
IOSG Ventures is an investment firm specializing in early-stage blockchain and Web3 projects. Founded in 2017, the firm focuses on decentralized infrastructure, gaming, and financial applications. It provides funding, strategic support, and industry insights to emerging companies.
Location:Â Hong Kong, Hong Kong
Website: https://iosg.vc/
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.