Strider, a game startup co-founded by Web3 players, raised $5.5 million
On February 21, it was reported that Strider, a game start-up co-founded by Web3 players, had completed a financing of 5.5 million US dollars, led by Makers Fund and Fabric Ventures, and participated by Shima Capital, Sfermion, Magic Eden and several funds. Up to now, the total financing amount of the company has reached 8.5 million US dollars.
Interpretation of this information:
Strider, a game start-up co-founded by Web3 players, has reportedly completed a funding round of $5.5 million on February 21. Makers Fund and Fabric Ventures led the financing, while Shima Capital, Sfermion, Magic Eden, and several other funds participated. In total, the company has raised $8.5 million in funding to date.
The gaming industry is rapidly evolving, with new technological advancements emerging all the time. Strider is focused on creating games in the Web3 space, which utilize blockchain technology and other decentralized systems. The company’s mission is to create games that are more immersive, decentralized, and community-focused.
The latest funding round is a significant milestone for Strider, as it will help the company continue to grow and develop its Web3 gaming platform. The funding will likely be used to hire new talent, develop new games, and expand the company’s reach.
Makers Fund and Fabric Ventures, two of the lead investors in the financing round, are both known for their expertise in the blockchain and gaming industries. Makers Fund has previously invested in other blockchain gaming companies such as Immutable and SuperRare, while Fabric Ventures has invested in companies such as ChainGuardian and NFTX.
The involvement of these investors suggests that Strider’s approach to Web3 gaming is seen as innovative and promising by those in the industry. The fact that several other funds also participated in the funding round further reinforces this idea.
In summary, Strider has completed a $5.5 million financing round led by Makers Fund and Fabric Ventures, and participated in by several other funds. The company’s total funding amount now sits at $8.5 million. Strider is focused on creating games in the Web3 space that utilize blockchain technology and other decentralized systems. The involvement of prominent investors in the latest funding round suggests that Strider’s approach to Web3 gaming is seen as innovative and promising.
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