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SPF META Secures $50 Million Strategic Investment from A16z and OKX

Writer's picture: Mark SMark S

April 23, 2024


SPF META, a blockchain game developer, announced the completion of its $50 million Series A financing round. The round was co-led by Andreessen Horowitz (a16z) and OKX Ventures. The investment will support SPF META's mission to build the strongest aggregation infrastructure in the blockchain metaverse field.


Project

Latest Raise

Latest Raise

Stage

Total Raise

Lead Investor

Category

SPF META

Apr 23, 2024

 $50m

Series A

$50M

Andreessen Horowitz (a16z)

Gaming

SPF META is leading innovation in the blockchain gaming industry with its first autonomous public chain designed specifically for the blockchain metaverse. The company develops blockchain-based games, including titles such as "Night God," "Hero Legend," and "Star Power Warcraft," and manages a Web3 ecosystem that features a decentralized exchange and a metaverse NFT trading platform.


Recently secured funding will be used to accelerate SPF META's strategic layout and further development within the blockchain gaming sector. The company plans to expand its game offerings and enhance its Web3 infrastructure, reinforcing its commitment to revolutionizing the gaming industry by integrating blockchain technology into a comprehensive Web3 infrastructure.


A representative from SPF META expressed that the investment provides strong financial support for their mission to innovate in the blockchain gaming industry.


About SPF META:

SPF META is well-positioned to lead significant advancements in the gaming sector, focusing on creating a robust aggregation infrastructure in the blockchain metaverse field.

Website: No website

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About Investor

Investor: Andreessen Horowitz (a16z)

Description:   Andreessen Horowitz is a venture capital firm that invests in innovative technology companies.

Location Organization: Hong Kong

Location Investor: United States


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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