Square Enix backs $14 million seed round for web3 gaming firm Elixir Games | Headlines | News | CoinMarketCap
03/27/2024 23:28The web3 gaming firm Elixir Games raised $14 million in seed funding. Gaming giant Square Enix, Shima Capital and the Solana Foundation …
The web3 gaming firm Elixir Games raised $14 million in seed funding. Gaming giant Square Enix, Shima Capital and the Solana Foundation participated in this seed round.
CEO Carlos Roldan told The Block that the fresh financing brings Elixir Games' total funding raised to $20 million. Following The Round, the board of directors will remain the same.
Elixir Games will use the funds to develop its gaming ecosystem, set to go live in the second quarter of 2024, and support the launch of the $ELIX token undergirding the firm's gaming products, among other endeavors.
"At Elixir Games, we're revolutionizing gaming by empowering gamers beyond the screen," Roldan said. "With our cutting-edge tech and exclusive IP, we're crafting an ecosystem where players don't just play …