Immutable and Polygon Labs Launch $100 Million Blockchain Gaming Fund with King River Capital

Immutable, King River Capital, and Polygon Labs Launch $100M Web3 Gaming Fund

Esports fan platform @getstanapp raised $8.50M in a funding round from @Google, @bnei876, @aptoslabs, @KingRiverVC, @SquareEnix, @nazaradotcom, @generalcatalyst, @GFRFund, @eximiusvc, @tdv_partners, @PixCapital_vc, T-Accelerate Capital. https://t.co/jxLApJU4l7 https://t.co/qOpUf39KTo

Indian social gaming platform STAN completes $8.5 million in funding, with participation from Aptos Labs and others

WE GOT THE BUFF! 💰🚀 We’ve raised $8.5M to take STAN global backed by the best in gaming & tech: Google | Bandai Namco Entertainment | AptosLabs | King River Capital | SquareEnix | NazaraTech | General Catalyst | GFR Fund | PixCapital | T-Accelerate | Eximius Ventures | TDV Partners 🎮 The game’s only getting bigger… Let’s grow beyond boundaries. #STAN #SeriesAFunding #BuiltForCreators #GameOn #GamingEvolved #MobileFirst

WE GOT THE BUFF! 💰🚀 We’ve raised $8.50M to take STAN global backed by the best in gaming & tech: Google | Bandai Namco Entertainment | AptosLabs | King River | SquareEnix | NazaraTech | General Catalyst | GFR Fund | PixCapital | T-Accelerate | Eximius Ventures | TDV Partners 🎮 The game’s only getting bigger… Let’s grow beyond boundaries. #STAN #SeriesAFunding #BuiltForCreators #GameOn #GamingEvolved #MobileFirst

WE GOT THE BUFF! 💰🚀 We’ve raised $8.50M to take STAN global backed by the best in gaming & tech:Google | BandaiNamcoUS | AptosLabs | King River | SquareEnix | NazaraTech | General Catalyst | GFR Fund | PixCapital | T-Accelerate | Eximius Ventures | TDV Partners 🎮 The game’s only getting bigger… Let’s grow beyond boundaries. #STAN #SeriesAFunding #BuiltForCreators #GameOn #GamingEvolved #MobileFirst

WE GOT THE BUFF! 💰🚀 We’ve raised $8.5M to take STAN global backed by the best in gaming & tech: Google | BandaiNamcoUS | AptosLabs | King River | SquareEnix | NazaraTech | General Catalyst | GFR Fund | PixCapital | T-Accelerate | Eximius Ventures | TDV Partners 🎮 The game’s only getting bigger… Let’s grow beyond boundaries. #STAN #SeriesAFunding #BuiltForCreators #GameOn #GamingEvolved #MobileFirst

WE GOT THE BUFF! 💰🚀 We’ve raised $8.50M to take STAN global backed by the best in gaming & tech: Google | BandaiNamcoUS | AptosLabs | King River | SquareEnix | NazaraTech | General Catalyst | GFR Fund | PixCapital | T-Accelerate | Eximius Ventures | TDV Partners 🎮 The game’s only getting bigger… Let’s grow beyond boundaries. #STAN #SeriesAFunding #BuiltForCreators #GameOn #GamingEvolved #MobileFirst

Ubisoft Collaborates with Immutable to Launch a New "Might and Magic" Mobile Strategy Card Game

🙏 𝐇𝐮𝐦𝐛𝐥𝐞𝐝 𝐭𝐨 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞 𝐭𝐨𝐝𝐚𝐲 𝐭𝐡𝐚𝐭 𝐰𝐞 𝐡𝐚𝐯𝐞 𝐜𝐥𝐨𝐬𝐞𝐝 𝐚 $𝟗𝐌 𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐫𝐨𝐮𝐧𝐝 𝐥𝐞𝐝 𝐛𝐲 @BITKRAFTVC with strong institutional backing from @IDGCapital @GAM3GIRLVC @LeapCapital_ @0xMantle @KingRiverVC @realMaskNetwork @YieldGuild @zentry @32BitVentures @eden_holdings @PalmDriveVC, and individual investors @borgestsebastien and @kiddoq among others. ✨We’ve weathered some storms since starting on this path in 2021, grown a little wiser, and a lot steadier. We are so grateful to all of our investors, partners, friends, critics and fudders along the way, because of you, we’ve managed to stay our course, keeping our cool during the 🐮s and plowing on during the 🐻s to get here. We’ve completed three playable game modes — Party Heist, Party Brawl, and Carnival Clash, and one hidden game mode: God Mode — unlocked by OGX holders. All of this, plus OGX Staking, is going live in the coming days and weeks, with $PARTY on the horizon for 2025.We’re on a mission to democratize the traditional gaming model with Party-as-a-Service, redefining live operations, game economies, and most importantly, player experiences. By empowering top contributors in the gaming ecosystem with the tools and data typically reserved for developers, we’re transforming how games are built, operated, and enjoyed.In our exclusive with the legendary @deantak of Venture Beat, he asked a simple question — what inspired us? This is what our founders had to say — “As veterans of the traditional gaming industry—not just as developers and operators, but also as passionate players—we witnessed firsthand how the biggest contributors to a game’s ecosystem — collectors, streamers, and community organizers, were often left behind. They invested their time, creativity, and effort, yet rarely reaped the rewards of the game’s growth that they helped build. There was no fair, transparent, or automated way for these contributors to share in the success they so clearly had a hand in. This gap often forced them into black market trading or to monetize on third-party platforms, where their contributions were undervalued and their interest unprotected. We created Party Icons to change that, because our team is also made up of gamers, streamers, collectors, and community-builders who deeply understand these pain points.In 2021, we recognized the potential of Web3 technology to provide real solutions and designed Party-as-a-Service and God Mode to tackle these challenges. The more you give, the more you get—this is one of our founding principles. We believe there’s a bigger victory to be had when we allow more people to win.”🎤💧As we look ahead to what’s next, there’s only one thing left to say… 𝑳𝑬𝑻’𝑺 𝑮𝑬𝑻 𝑻𝑯𝑰𝑺 𝑷𝑨𝑹𝑻𝒀 𝑺𝑻𝑨𝑹𝑻𝑬𝑫!!!! 🍾🥳🪩🎮Read our full fundraise release HERE for all the deets: https://t.co/xBzDwju7SuFollow our team members on X for the latest alpha & shenanigans: @Quinn2992 @knoxOGX @fibiOGX @PartyPablo_OGX @metamorf1us @ElyzeOgx Don’t miss out on our upcoming events, join our discord to stay in the know! Lin in Bio.

📢 @Smolbound, developed by @Darkbrightgames, has raised $6M in seed round to build life sim RPG Smolbound. The funding led by @BITKRAFTVC, participation from Anthos Capital, @PlayVentures, @KingRiverVC, @Rockaway_X, @Zentry, @CaballerosCap, @GAM3GIRLVC, and @OffchainLabs.More details 👇https://t.co/UIhVzrMn1s

SoSo Daily Sept. 24 | Celestia Foundation Raises $100 Million in Funding Round Led by Bain Capital Crypto

Web3 game developer Darkbright Studios has announced the completion of a $6 million seed round financing.

Introducing lzCatalyst LayerZero Foundation is launching lzCatalyst, a program dedicated to connecting the best builders with the best venture capital firms in crypto. As lzCatalyst launch partners, a16z Crypto, Animoca Brands, Atrum, Delphi Ventures, Faction, Franklin Templeton, King River, Lightspeed, PayPal Ventures, and Spartan have the option to invest up to $300M to support the development of novel omnichain applications built on LayerZero. The lzCatalyst initiative is designed to empower developers with access to significant capital and resources. Participating funds are incentivized to directly invest up to $300 million into projects integrating LayerZero, but will independently maintain their respective diligence and investment processes. Projects that receive meaningful investment from one partner fund or participation from 2+ partner funds in a given round will be eligible to receive additional strategic capital investment directly from the LayerZero Foundation. Interested? Apply ⬇️

Immutable zkEVM Surpasses One Million Users, Launches $100 Million Web3 Gaming Fund

Illuvium has completed a $12 million Series A financing round, co-led by Animoca Brands and others.

Illuvium has completed a Series A financing round of $12 million, with participation from several well-known institutions.

🤝Series A Funding Raise Closed 🎉 We’ve successfully closed our Series A funding, raising $12M from top industry firms! This allows us to expand our game offerings and build on our player experiences. We want to thank our investors: - @Arrington_Cap - @KingRiverVC - @animocabrands - @TheSpartanGroup - @0xgoldenchain - @arca - @SeliniCapital - @LaserDigital_ - @PolygonVentures - @32BitVentures - @YieldGuild - @n8capital - @firstvip61 Onward & upward! 🚀

We're proud to support the $100M Inevitable Games Fund, led by King River Capital and guided by @Immutable, to help enable the next steps of a flourishing gaming ecosystem. The Inevitable Games Fund leverages deep insights and resources to identify high-growth opportunities with early-stage investments, across the $1B+ global video game industry. @Pixelmon, @playmetalcore, @GuildofGuardian, and @mypethooligan are among the projects already in the pipeline of the Fund. Inevitable - like the unified efforts of Immutable and Polygon Labs to usher in a vibrant, new era of web3 gaming, together. More:

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📢 TrendX Crypto Buzz｜2024.3.20🔥 @PolyhedraZK has opened up token airdrop registration for ZK.🔥 @Immutable, @0xPolygon Labs, and @KingRiverVC are collaborating to establish a new game fund called "Inevitable Games Fund" (IGF), aimed at raising $100 million to invest in game studios and #Web3 infrastructure companies. The fund has completed its first round of financing, raising $30 million.🔥 Genesis has agreed to pay a $21 million fine to settle SEC charges, with bankruptcy claims being prioritized for repayment.🔥 SEC delays decision on @hashdex and 21Shares Ark Ethereum ETF.🔥 #RWA asset-focused #Layer1 blockchain protocol @MANTRA_Chain announces the completion of a $11 million strategic financing round, led by @ShorooqPartners.🔥 Crypto compliance platform Keyring completes a $6 million seed round of financing, co-led by Gumi Cryptos Capital and Greenfield Capital.🔥 MicroStrategy adds approximately 9,245 bitcoins to its holdings, surpassing 1% of the total bitcoin supply.🔥 Coinbase to list Akash Network @akashnet_ (AKT).🔥 Stellar launches the Soroban smart contract platform and initiates a $100 million ecosystem incentive program.🔥 The Arena, a social protocol in the Avalanche ecosystem, will introduce the ARENA token and initiate an airdrop.

Immutable and Polygon Labs will partner to establish a $100 million Inevitable Games Fund, with venture capital firm King River Capital managing the investment process, and the fund will be used to invest in game studios and Web3 infrastructure companies.

IMMUTABLE and POLYGON LABS jointly establish a 100 million dollar WEB3 gaming fund.

IMMUTABLE and POLYGON LABS establish a 100 million dollar game fund, investing in game studios and WEB3 infrastructure.

King River Capital, assisted by Immutable and Polygon Labs, has combined forces to launch the $100M Inevitable Games Fund. Set to pioneer investment in web3 gaming with early-stage investments already made in category winners. The Inevitable Games Fund leverages deep insights and resources of web3 gaming giants Immutable and @0xPolygon to identify high-growth opportunities for investors. The Fund already has a strong pipeline of investment opportunities including: @Pixelmon @playmetalcore @GuildofGuardian @mypethooligan Together, we will identify best-in-class investment opportunities across the $1B+ global video game industry.

Immutable and Polygon Launch $100M Inevitable Games Fund for Blockchain Gaming Investments