Pixelverse raises $5.5M from leading VCs to fund global expansion of Web3 gaming movement

Pixelverse, an emerging entertainment studio and game ecosystem, has closed a funding round led by tier-1 VC funds and prominent founders from across the gaming and Web3 space. A total of $5.5M was raised to fund the growth of the Pixelverse gaming ecosystem, which has attracted over 15 million users in less than its first month of operation.

Lead investors included Delphi Ventures, Merit Circle, Mechanism Capital, Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures, as well as angel investors such as Sébastien Borget, founder of The Sandbox, Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon.

This venture round comes at a time when Pixelverse is experiencing record growth. Its quest-based cyberpunk browser and Telegram games now have more than 15 million registered users and over 5M daily active users.

Pixelverse has emerged as a trailblazer in the Web3 gaming landscape, rapidly achieving mainstream adoption. Positioned to be the first platform to transition 100 million Web2 gamers to its expansive Web3 ecosystem, Pixelverse is transforming the concept of mass adoption from a mere meme into a tangible reality.

Kori Leon, COO of Pixelverse and former Binance Listing team member, commented on the round:

"In all my time at Binance, I've never seen a company with such strong adoption metrics in such a short period of time. Pixelverse is truly a game changer for Web3 adoption, and it's incredible to see not only the growth in our user base but also the deep connections and interactions formed within the community. Closing this round will enable us to expand our adoption strategy as we continue on our journey to become a leading gaming and entertainment hub not only in the Web3 space but globally."