Pixelverse raises $5.5M from leading VCs

Emerging entertainment studio and gaming ecosystem Pixelverse has successfully completed a round of financing led by VC funds and leading founders from the gaming and Web3 space. Pixelverse, which has attracted more than 15 million users since its first month, has raised a total of $5.5 million to fund the growth of its gaming ecosystem.

Lead investors included Delphi Ventures, Merit Circle, Mechanism Capital, Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX and Foresight Ventures. In addition, angel investors such as Sébastien Borget, founder of The Sandbox, Luca Netz, Dingaling, DCF GOD, Grail and James Kwon also participated in this event.

record growth

This type of financing comes at a time when Pixelverse is experiencing record growth. The mission-based cyberpunk browser and Telegram games currently have over 15 million registered users and over 5 million daily active users. Pixelverse was quickly embraced by the mainstream as a pioneer in the Web3 gaming world. Preparing to be the first platform to bring 100 million Web2 players to the vast Web3 ecosystem, Pixelverse transforms the concept of mass adoption from just a chest to a concrete reality.

Valuable opinions from management

Pixelverse COO and former Binance Listing team member Kori Leon said the following regarding the type of financing:

“In my time at Binance, I have never seen a company with such strong adoption metrics in such a short period of time. Pixelverse is truly a game changer when it comes to Web3 adoption, and it’s incredible to see the growth in our user base as well as the deep relationships and interactions built within the community. “The completion of this round of financing will allow us to expand our adoption strategy as we continue our journey to become a leading gaming and entertainment hub not only in the Web3 space, but also globally.”

Piers Kicks, co-founder of Delphi Ventures, added:

“We are pleased to support Pixelverse, which is aggressively leveraging Telegram’s distribution, attracting a large audience to their ecosystem. “The team has its finger on the pulse of the market and we are excited to see what this brings, along with community feedback, as we deliver ambitious roadmaps this year.”

Includes innovative gaming experiences

Pixelverse pioneered the Tap-to-Earn concept, which rewards regular interaction with fun Web3 games and applets. Operating at the intersection of GameFi and SocialFi, the Tap-to-Earn format has led to it being dubbed the “NotCoin of gaming.”

More than 10 million battles are played daily on Pixelverse’s Telegram widget called PixelTap. The browser-based Pixelverse world will be expanded to include a universe filled with numerous mini-games and immersive storytelling, thanks to the hiring of a world-renowned art director and world builder. More details will be announced soon.