Not long after launching a Telegram-based crypto game, Pixelverse has raised an additional $2 million from venture capital firms and private investors, according to a statement. 

Galaxy Interactive, Crit Ventures, and Arc Community participated in the raise alongside individual investors well known within the world of crypto like Alex Kruger, Luke Belmar, Mike Dudas and the pseudonymous Coco Bear, the statement said.

"We are expanding into Pixelverse media and several product lines to ensure the long-term sustainability and profitability of our operations," Pixelverse co-founder and COO Kori Leon said in the statement. "This fundraising will support our growth right before our TGE which is coming this summer."

To date, Pixelverse has raised $7.5 million. Other backers of the …