Cointime

Cointime

Download App
iOS & Android
Home / Financing

Barcelona-based Web3 Video Games Startup GFAL Raises $3.2M in Seed Funding to Expand Team and Accelerate Production Plans

Barcelona-based startup GFAL has secured $3.2 million in seed funding from investors including Supercell Ltd and Mitch Lasky. The company plans to use the funds to expand its team and accelerate its game production plans, which leverage AI and Web3 technology for immersive gameplay. GFAL's Elemental Raiders mobile game soft-launched in March 2023, with plans to build on this for a 2024 launch. CEO Manel Sort expressed gratitude for the investment and excitement to work with former colleagues from Digital Chocolate.

Web3
Comments

All Comments

Recommended for you

  • AI data collection startup Sapien raises $10.5 million in seed funding

    AI data collection startup Sapien has completed a $10.5 million seed round of funding, led by Variant, with participation from Primitive Ventures, Animoca, Yield Game Guild, and HF0. Sapien's team is led by former co-founder of Coinbase Layer2 network Base, Rowan Stone, and founder of Polymath and author of RWA standard ERC1400, Trevor Koverko. Sapien rewards data providers using USDC stablecoins or a reward points system.

  • Privacy-Focused Blockchain Project Nillion Raises $25M in Funding Round Led by Hack VC

    Privacy-focused blockchain project Nillion has secured $25 million in a funding round led by Hack VC, with participation from Arbitrum, Worldcoin, and Sei. Nillion aims to attract projects at the intersection of blockchain and AI, where secure sharing and storage of large amounts of data are crucial. The company's service is built around the concept of "blind computing," which enables the processing of data without revealing its contents. Nillion's partners include blockchain networks NEAR, Aptos, Arbitrum, and Ritual, among others.

  • Bitcoin re-staking protocol PumpBTC completes 10 million seed round financing

    PumpBTC, a Bitcoin liquidity collateral platform, announced the completion of a $10 million seed round of financing, led by SevenX Ventures and Mirana Ventures, with participation from UTXO, Mantle Ecosystem Fund, and other institutions, and attracted many industry partners such as Quantstamp and Veda.

  • Smart contract automation network Gelato completes $11 million Series A+ financing, led by Hack VC

    Gelato, which focuses on smart contract automation networks, has completed a $11 million A+ round of financing. This round of financing was led by Hack VC, with participation from Animoca Brands, IOSG Ventures, and Bloccelerate VC.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.

  • On-chain DA project Hyve completes $1.85 million seed round financing

    Hyve, a DA project on the chain, has completed a seed round of financing of $1.85 million, led by Lemniscap with participation from Paper Ventures and Frachtis.

  • Web3 social Layer2 solution Vue Protocol completes $6 million in financing

    According to official sources, Web3 social Layer2 solution Vue Protocol announced that it has raised $6 million in Pre-Seed and seed rounds, with participation from Eureka Capital, PAKA, Genesis Ventures, and AU21 Capital. Vue Protocol is a decentralized platform that seamlessly maps multi-chain relationships, aimed at connecting Web3 native developers, giving users ownership of their data, and enabling community collaboration.

  • Social protocol The Arena completes $2 million Pre-Seed round of financing

    The Arena, a social protocol within the Avalanche ecosystem, announced the completion of a $2 million Pre-Seed round of financing. Investors include: Blizzard (Avalanche Ecology Fund), Ava Labs and Avalanche leadership team members, Balaji Srinivasan, Abstract Ventures, D1 Ventures, Saron Funds, Alpha Crypto Capital, and other angel investors from Galaxy Digital, Fenbushi, Republic, Espresso Systems, Efficient Frontier, and Dao5.

  • Blockchain game developer Azra Games receives $42 million in Series A funding

    Blockchain game developer Azra Games announced the completion of a $42 million Series A financing, led by Pantera Capital, with participation from Andreessen Horowitz (a16z) and NFX. After this round of financing, Azra Games has raised a total of $68.3 million.

  • Blockchain startup Predicate announces $7 million in financing, with 1kx and others participating

    Blockchain startup Predicate has announced the completion of a $7 million financing round, with investors including top venture capital firms Tribe and 1kx. The company was founded by two former employees of the blockchain project Celo, with the aim of helping cryptocurrency companies better comply with regulatory requirements. The company's solution will be provided on the Ethereum and EVM-compatible chains, with plans to expand to other blockchains in the future. Predicate is also collaborating with the recently completed token issuance heavy pledge network EigenLayer to develop an operator community that deploys Predicate technology using proof of stake systems.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company