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Market News

Pantera Capital Invests $8M in InfiniGods Series A Funding

Written By Brian Mutembei
Published April 26, 2024 3:44 AM·Updated 2 years ago
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Pantera Capital Invests $8M in InfiniGods Series A Funding

Pantera Capital has reportedly provided $8 million in funding for InfiniGods, a web3 gaming company. The investment follows Pantera’s $9M seed round conducted in May 2022, which reveals strong future support for InfiniGods’ mobile gaming industry growth.

SERIES A FUNDING ROUND SECURED

We're thrilled to announce that we've secured $8M in Series A funding, taken exclusively by @PanteraCapital.

This capital injection allows us to double down on our vision to lead the future of mobile gaming, and provides us with the resources to… pic.twitter.com/MUNWpymWR8

— InfiniGods⚡️ (@InfiniGods) April 24, 2024

InfiniGods creates games that use blockchain technology to improve the user experience and make it easier to access. The newest game, InfiniMerge, has an ancient Greek theme and allows players to merge similar items, providing an engaging experience.

The new funding will help InfiniGods expand to more countries by improving its blockchain infrastructure. This expansion is important because mobile gaming is becoming more popular, mainly due to web3 and blockchain technology.

InfiniGods is currently developed at a high level in the market of tokenized smartphone games, providing players with unique benefits. The company aims to change how players interact with games and how revenue is generated.

Also Read: Pantera Capital Achieves 66% Q1 Growth with Solana Leading Surge

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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