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Goals Raises US$20 Million To Continue Development of NFT Soccer Video Game

Swedish startup Goals has raised US$20 million in series A funding to continue development of a non-fungible token (NFT) based soccer video game that can be a genuine alternative to traditional simulations of the sport such as EA Sports FC.

The round was led by Reddit co-founder Alexis Ohanian’s Seven Seven Six venture capital firm, with participation from Northzone, Moonfire and Cassius. The company has now raised US$39 million, including US$15 million in a seed round last year.

The fresh investment will be used to increase headcount from 50 to 75 and to accelerate development of the game, which is currently in a pre-alpha state. The vision is for Goals to be free-to-play and cross-play across consoles and PC, with a focus on social and competitive gaming with Web 3.0 elements.

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