Power Protocol raises €5.0M Seed round

27 June 2023· Denver, United States· infrastructure, finance, ai, industrial_software, b2b, pure_software

The capital will be used to accelerate the development of the flagship blockchain game Fableborne and build the technical stack for the studio.

Capital in gaming and Web3 is selective right now, which makes their belief in what we’re building even more meaningful. The response to our open beta and the $POWER launch showed us there’s a strong foundation to grow from. This investment helps us keep moving toward that vision and develop an ecosystem built on progression, competition, and lasting engagement. BITKRAFT’s support gives us confidence to keep improving thoughtfully for the benefit of our players and partners.

Kam Punia, founder and CEO of Pixion Games

Investors

LeadShima Capital
Also participating
EldridgeMechanism CapitalAvalanche FoundationMerit CircleReadyPlayerDAOVGC PartnersZee Prime CapitalGSRAvalaunchMisfits Gaming

About Power Protocol

Headquarters
Denver, United States
Founded
2024
Team Size
21–50
Sectors
infrastructurefinanceaiindustrial_softwareb2bpure_software

Source: https://www.businesswire.com/news/home/20230627258327/en/Pixion-Games-Secures-5.5M-in-Funding-to-Accelerate-Development-of-Fableborne