CCP Games Raises $40 Million for Upcoming Web3 Game

CCP Games has raised $40 million in funding led by Andreessen Horowitz for an exciting new AAA game utilizing blockchain technology. With the use of blockchain technology, it will enhance the company’s objective.

We're excited to announce that we have secured $40M financing, led by @a16z, to create a new AAA game within the EVE Universe utilizing blockchain technology.

Learn more here: https://t.co/IZJlPRcZ0z pic.twitter.com/y9cqZKtt2l
— CCP Games (@CCPGames) March 21, 2023

CCP Games, the makers of the sci-fi spacefaring MMO EVE Online, revealed today that $40 million in external funding has been obtained. Andreessen Horowitz (a16z) led the round, with Makers Fund, BITKRAFT, Kingsway Capital, HASHED, Nexon, and other investors joining.

This funding will enable CCP Games to expand on the discoveries of its research and development team to enable the full-scale creation of a new AAA title set within the EVE Universe using blockchain technology.

This new initiative will use smart-contract blockchain technology, focused on persistence, composability, and completely open third-party development to build a new connection between virtual worlds and gamers.

This new title’s production is distinct from current and previously reported projects, including EVE Online, which is presently in its landmark 20th year.

Also read: Web3 Development Startup Moralis Raises $40M in Funding Round

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