Edition #89 - 02 DEC 2023
Video gaming analytics company Newzoo released its Global Games Market Industry report this week: The number of players worldwide will reach 3.38 billion in 2023, growing by +6.3% year-on-year. The global games market will generate revenues of $187 billion, with year-on-year growth of +0.6%.
gaming developments
​​​​Roblox teases Web3 integration: shaping future gaming.​​
PC arena shooter powered by a Web3 economy Farcana closed Strategic funding round led by Animoca Brands. Amount raised is not disclosed.
Animoca Brands Invests in TON Network, becomes the largest validator. Sames time TON is going to the Gaming space with TON PLAY.
Web3-enabled streaming platform Rad closed funding round led by Ayre Ventures. Amount raised is not disclosed.
Web3 Gaming Company OhBaby Games Partners With Paramount.
metaverses & AI
defi
​​​​​​​​Self-custody crypto wallet for seamless blockchain transactions Klever Finance raised $10M funding round led by GEM Digital Limited.
​​Asia-based crypto derivatives protocol MYX Finance raised $5M in a Seed funding round led by HongShan (ex Sequoia China), with participation from ConsenSys, Hack VC, OKX Ventures (ex OKEx Blockdream Ventures), Redpoint, Hashkey Capital, Foresight Ventures, GSR Markets LTD, Leland Ventures, Cypher Capital, Bing Ventures, Lecca Ventures.
funding rounds
​​​​​​​​​​​​​​​​​​​​​​​​​​​​Blockchain connectivity platform Wormhole raised $225M funding round from Brevan Howard Digital, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi Capital, Dialectic, Borderless Capital, Arrington Capital.
​​Neobank building solutions across traditional finance and crypto iPeakoin raised $10M in a Series A funding round led by ZhenFund.
​​Consumer app facilitating Web3-powered commerce Setter raised $5M in a Seed funding round led by Andreessen Horowitz (a16z crypto), with participation from Marcy Venture Partners, Superlayer, Thirty Five Ventures (35V), Serena Williams.
