April 23, 2024
Uncharted, a Web3 gaming startup founded by former Mintable COO Jiawen Ngeow, has secured $1.7 million in seed funding. The round was led by Shima Capital, with participation from The Spartan Group, Double Peak Group, Devmons, and 32-bit. Angel investors include the founders of Immutable, Zynga’s Justin Waldron, and Ronin co-founder Aleksander Larson.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Uncharted | Apr 23, 2024 | $1.7m | Seed | $1.7m | Shima Capital | Gaming |
Uncharted, a pioneer in GameFi, successfully integrated gaming with decentralized finance, exemplified by its debut game Gangster Arena. The inaugural season of Gangster Arena generated 150 ether (US$486,000), demonstrating the potential of this fusion.
Looking ahead, Uncharted plans to launch Gangster Arena 2 and strategically expand its offerings. Jiawen Ngeow, the Founder of Uncharted, envisions redefining the gaming landscape through Web3 technologies, aiming to create immersive experiences.
With the infusion of new funds, Uncharted aims to bolster its GameFi ecosystem and elevate user experiences with future game releases and developments. Uncharted's endeavors are poised to revolutionize the gaming industry by seamlessly merging it with decentralized finance, paving the way for fresh opportunities for players and developers.
About Uncharted
Uncharted is a Web3 gaming platform that integrates cryptocurrency-based gaming experiences. Founded by Jiawen Ngeow, the platform aims to innovate the gaming industry through decentralized finance.
Website: https://www.uncharted.gg/
X Account: @gguncharted
X Followers today: 148,700
X Followers 30 days ago: 10,817
X Follower change: 137,883 (+1200%)
About Investor
Investor: Shima Capital
Description: Shima Capital is a venture capital firm supporting innovative projects in the blockchain and cryptocurrency sectors.
Location: United States
Website: https://shima.capital/
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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