Pixelverse raised an additional $2 million in private funding, making a total of $7.5 million for the round, the web3 gaming ecosystem said in a post on X.
The extension to its round attracted leading web3 VCs, including Galaxy Interactive, Crit Ventures, and Arc Community, as well as several angel investors.
Pixelverse is a gaming ecosystem that integrates third-party developers, intellectual properties, and its own projects, featuring a cyberpunk-themed game available on both Telegram and web browsers.
“Crypto is still intimidating for many users, so we are making it accessible to all through gaming mechanics,” said co-founder Kori Leon. “We are expanding into Pixelverse media and several product lines to ensure the long-term sustainability and profitability of our operations.”
Last month, Pixelverse announced the initial $5.5 million funding round, led by a group of venture capital funds in the gaming and web3 space, including Delphi Ventures, Merit Circle, and Mechanism Capital.
The round was also bankrolled by Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures.
Pixelverse extends beyond its Telegram game.
The ecosystem includes a web-based platform and game offering a broader range of activities and interactions for players, ensuring a seamless gaming experience across different devices.