Gaming startup Gacha Monsters raises $3 million in seed round led by Animoca Brands

According to Techinasia, Japanese entertainment and gaming startup Gacha Monsters has completed a $3 million seed round of financing, led by Animoca Brands, with participation from Infinity Ventures Crypto, FBG, and Big Time Games.
It is reported that the company is led by Jia Shen, a game developer who has developed games such as "Pokémon Medallion", "Battle Cats", and the international version of "Disney Tsum Tsum". Gacha Monsters' first self-developed game is Poglin, and its goal is to launch the alpha version of Poglin game in the first quarter of 2024. The company plans to develop Poglin into a multimedia IP that covers anime, games, Web3, and physical goods.

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