According to ChainCatcher, Web3 AI gaming company PlayAI announced the completion of a $4.3 million seed round of financing, with a total valuation of $70 million. This round of financing was participated by P2 Ventures, Jump Crypto, Alphawave, Zentry, MH Ventures, Tykhe Block Ventures and angel investors.
The company intends to use the new funding to grow its team and work towards launching an incentivized testnet for the platform.