CEBG Game Raises $3 Million in Private Equity Funding for Battlegrounds

According to reports, CEBG Game, the developer of the Web3 multiplayer online tactical and competitive game Battlegrounds, announced on social media that it has completed a $3 million private equity round financing, with participation from Youbi Capital, GSR Ventures, A&T Capital, and others. Battlegrounds currently supports iOS and Android systems, and has launched two game modes: PvE and PvP. Players can receive motivation by completing game tasks.

Web3 game Battlegrounds developer CEBG Game completes $3 million private equity round financing

CEBG Game, the developer behind the popular Web3 multiplayer online tactical and competitive game Battlegrounds, announced on social media that it has completed a $3 million private equity round financing. The funds were raised with participation from Youbi Capital, GSR Ventures, A&T Capital, and others.

Battlegrounds Overview

Battlegrounds is a tactical and competitive game that allows multiplayer gameplay. It currently supports iOS and Android systems and has launched two game modes: PvE and PvP. The game revolves around players completing tasks to win rewards and progress to higher levels.

What is CEBG Game?

CEBG Game is one of the pioneers in the Web3 game industry. Based in Singapore, CEBG Game is a software development company that focuses on creating high-quality games that offer users the best gaming experiences.

Why Has CEBG Game Raised $3 Million?

The gaming industry is highly competitive, and CEBG Game has raised $3 million to improve its game features and make the game more engaging. With the funds raised, CEBG Game plans to invest in marketing campaigns to reach a broader audience. This investment will also help them acquire experienced professionals and enhance the platform’s infrastructure, enabling the company to offer new game features and experiences to its users.

Youbi Capital is a Game Changer

CEBG Game’s private equity funding round was led by Youbi Capital. Youbi Capital is a game-centric investment fund that focuses on investing in game companies to help them achieve success. With Youbi Capital’s investment, CEBG Game has received funding that will enable them to focus on creating new games, solutions, and other innovations that will impact the future of the Web3 game industry.

GSR Ventures Joins the Funding Round

GSR Ventures, another private equity firm, also participated in the funding round. They focus on making investments in high-growth sectors like gaming, entertainment, and AI, among others. Through this funding round, GSR Ventures aims to support CEBG Game in its journey to become one of the most successful game developers and publishers globally.

Conclusion

With the private equity funding raised by CEBG Game, the company is poised to boost its game development and marketing strategies, which will lead to a wider user base and higher engagement. The investment round also shows that the gaming industry is an exciting and lucrative market, and with such investments, there is growing support for this growing industry.

FAQs

Q1. What is CEBG Game?

CEBG Game is a Singapore-based software development company that focuses on creating high-quality games that offer users the best gaming experience.

Q2. What is Battlegrounds?

Battlegrounds is a multiplayer online tactical and competitive game developed by CEBG Game that supports iOS and Android platforms.

Q3. What did CEBG Game plan to do with the funds it raised?

CEBG Game plans to invest in marketing campaigns to reach larger audiences and acquire experienced professionals to enhance the platform’s infrastructure, enabling the company to offer new game features and experiences to its users.