- Crystal Fun has raised $5 million in new capital.
- Nine investors took part in the funding round.
- The startup also announced a partnership with KuCoin Ventures.
Web3 gaming studio Crystal Fun has announced the closing of its seed round of funding, in which it managed to raise $5 million. The investors were such counterparties as KuCoin Ventures, Waterdrip Capital, Comma3 Ventures, Stratified Capital, Actoz Soft, aelf, Cypher9 Ventures, Masverse and W Labs.
Exciting News! #CrystalFun secured $5M seed funding.
Top backers include @KuCoinVentures Actoz Soft @waterdripfund @comma3vc @StratifiedCap @Cypher9Ventures @aelfblockchain @GuaTianGuaTian @MasverseHub.
It fuels building high-quality games and sustainable economy. #GameFi. pic.twitter.com/9qbsrMj0kH
- Crystal Fun (@playCrystalFun) February 20, 2024
The press release said that Crystal Fun has also entered into a partnership with KuCoin Ventures.
“This partnership marks an important milestone in the development of decentralized gaming platforms, promising to usher in a new era of gaming experiences in the Web3 space and highlighting the intersection of blockchain technology and the gaming industry,” the release said.
The company also publicly announced four games: OUTER, which has already passed the first phase of testing, Endless War, STARFALL2312 and Survivor. All of them will launch on the Crystal Fun platform within a year, the press release said.
Head of KuCoin Ventures Lu Yu said that the investment in Crystal Fun is in line with the fund’s desire to promote innovation in blockchain.
Recall, earlier we reported that AltLayer raised $14.4 million in investment in a strategic funding round co-led by Polychain Capital and Hack VC.
