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InfiniGods Raises $16M, Led by Pantera Capital, to Boost Web3 Gaming

Apr 25, 2024, 06:46 PM

InfiniGods, a mobile gaming company specializing in web3 games, has successfully secured $8 million in Series A funding, led by Pantera Capital. This recent financial boost is part of a broader investment strategy, bringing the total funds raised by the company to $16 million. The capital will be used to expand their game development, particularly for their popular game King of Destiny. The web3 gaming sector, which includes companies like InfiniGods, is expected to see significant growth, with projections suggesting the gaming vertical could reach over $500 billion by 2030. Additionally, other companies like Planet-X and CircleofGames have also received significant investments, with $4.5 million and $1 million in funding respectively.