What’s Next for Ethereum NFT Game ‘Parallel’ and Solana's ‘Colony’ After $35 Million Raise
Parallel Studios just revealed a $35 million raise after launching the card battler in open beta. Here's how it will use the funding.
Parallel Studios, the startup behind Ethereum NFT card-battler Parallel, announced late Wednesday that it has raised $35 million in fresh funding from a bevy of major firms around the crypto world and numerous well-known angel investors.
The fundraise comes just weeks after Parallel opened up to the public in a free-to-play beta. A studio representative said that Parallel Studios aims to “start onboarding a ton more users” by expanding its recent Parallel Ambassadors program and working more with influencers broadly, as well as through paid advertising in various markets worldwide.
