Moonveil's Pre-Series A Funding Round Hits $9M, Boosting Gaming Layer 2 Ecosystem


Moonveil's Pre-Series A Funding Round Hits $9M, Boosting Gaming Layer 2 Ecosystem

  blockster.com 08 August 2024 16:32, UTC

Moonveil, a cutting-edge Layer 2 gaming ecosystem, has successfully extended its Pre-Series A funding round, raising a total of $9 million. This milestone underscores Moonveil’s growing momentum and commitment to advancing Web3 gaming.

Leading the investment round is Spartan Group, with notable contributions from Gumi Cryptos Capital, HashKey Capital, Animoca Ventures, Hivemind, and Mask Network. This fresh capital boost follows a previous seed round funded by P2 Ventures.

The funds will be directed towards enhancing Moonveil’s infrastructure, expanding its community, and executing a strategic user acquisition plan focused on Web3 and GameFi enthusiasts.

Moonveil’s platform, built on the Polygon CDK, leverages ZK-powered Layer 2 technology to deliver high-performance gaming experiences. The development team, comprising veterans from Riot Games, Tencent, Netease, Funplus, and CARV, is set to launch two highly anticipated titles: AstrArk and Bushwhack.

With this new funding, Moonveil aims to push the boundaries of Web3 gaming, emphasizing rapid development, community engagement, and innovative game design to set new industry standards.

About Moonveil

Moonveil operates on a ZK-based Layer 2 chain, offering an optimized environment for both third-party Web3 games and in-house titles. Its scalable and high-performance platform is designed to support a thriving Web3 gaming ecosystem. Learn more at moonveil.gg.

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