Infinitar Secures $11.9 Million Investment to Fuel Growth

Infinitar Secures $11.9 Million in Latest Funding Round

Infinitar, a promising player in the Web3 AAA MOBA blockchain gaming space, has recently completed a significant funding round that raised $11.9 million. This investment has been co-led by major players Lam Group and AccelByte, showcasing their strong belief in the potential of this innovative game.

Investment Backers and Valuation

The funding round also saw participation from notable venture firms such as Waterdrip Capital, AC Capital, DEX Ventures, and Mason Labs, indicating a robust interest from the investment community. With this latest funding, Infinitar's valuation has impressively surged to $150 million.

Previous Funding Milestones

This recent round adds to Infinitar's previous fundraising efforts, which include:

• $2.9 million in seed and angel investment rounds
• $9 million acquired in Series A funding

These consistent investments highlight the growing confidence in Infinitar's innovative approach to gaming.

Confidence from Major Investors

The ongoing support from Lam Group and AccelByte signifies a strong commitment to Infinitar’s vision and growth trajectory. Their involvement not only emphasizes the game’s potential but also reflects the increasing interest in blockchain technology within the gaming industry.

Expansion and Innovation Ahead

With this substantial funding, Infinitar is well-positioned to:

• Expand its global market presence
• Engage in product innovation initiatives

As the Web3 gaming universe continues to evolve, Infinitar aims to carve a unique niche within the competitive landscape, focusing on quality and player engagement.

Conclusion

The successful funding round and increased valuation signify that Infinitar is on a promising path towards revolutionizing the gaming industry. As they leverage their financial backing, many will be watching closely to see how they aim to innovate and attract a burgeoning community of Web3 gamers.