Neon Machine, a Web3 gaming company who’s in-game commerce runs on blockchain, has successfully secured $20 million in Series A funding led by Polychain Capital, with participation from Griffin Gaming Partners, Franklin Templeton, and hedge fund Brevan Howard Digital. The funds will be used to further the development of Shrapnel, the company’s debut blockchain-enabled video game, which offers in-game asset ownership and is built on Avalanche.
Blockchain Game Maker Led By HBO Digital Alum Snags $20 Million Series A Funding