ChainCatcher reported that according to Coindesk, Web3 game and social companion platform E-PAL announced the launch of the AI-driven blockchain experience platform Balance, which has successfully completed two rounds of financing led by Andreessen Horowitz (a16z) and Galaxy Interactive. So far, E-PAL's total financing has reached 30 million US dollars.
Its latest funding round also saw support from other investors including Animoca Brands, K5, CLF Partners, MBK Capital, New Heights Fund, AMBER, MarbleX, Sky Mantra, Tuna, Aptos Labs, IOBC, Leland, Halcyon Capital, Uphonest, Taisu Ventures, Gate Labs, DWF Ventures, BING, WAGMI, YouTube co-founder Steve Chen, Riot Games CEO Marc Merrill and League of Legends director Thomas Vu.
The funds will be primarily allocated to the development of Balance infrastructure, which aims to bring transformative innovation to the social industry by integrating cutting-edge blockchain and AI technologies.