Sonic, the first gaming L2 infrastructure to debut on Solana, has secured $12 million in a recent Series A round headed by BITKRAFT, with participation from Galaxy Interactive, Big Brain Holdings, and others. Mirror World Labs is a GameFi infrastructure company that has been in business for over two years, and they created Sonic.
The recently received capital will be used to further the expansion of the Sonic protocol, which is Solana’s first atomic SVM layer-2 designed for gaming. The protocol boasts the quickest on-chain gaming experience and includes built-in tools, such as a sandbox environment, extendable data types, and customisable gaming primitives, particularly intended for game creation and execution on Solana.
With Sonic grants and acceleration programs, Sonic will help bring new developers into the Solana gaming ecosystem while facilitating the incorporation of current game producers and developers with the Sonic SVM and HyperGrid Framework. With HyperGrid, developers can easily add additional virtual machines and game engines to the Solana environment. It serves as the grid deployment kit for launching new SVM environments, establishing a individual space linked to the Solana blockchain for every game that is launched.
Solana is now the most retail-friendly blockchain because to its simplicity of onboarding and high desire to use the chain, owing in large part to the memecoin growth. On the other hand, Solana gaming has not been as successful, which is where Sonic’s technological stack makes it more significant. Now, developers may support GameFi projects and storylines as well as other projects looking for a home on Solana by deploying their own lightning-fast SVM chain.
Chris Zhu, CEO and Founder of Sonic stated:
“For the past two years, we’ve worked with hundreds of games in the Web3 gaming ecosystem helping them with monetization and listing. Solana was our biggest focus with a whole suite of tools and frameworks for games. We believe Sonic SVM will be the key to unlocking the Solana gaming summer, onboarding thousands of games to launch and go to market with our support.”
Justin Swart, Principal at BITKRAFT added:
“We expect the Sonic SVM to become the go-to destination for any gaming studio that wants to build games within the Solana ecosystem. Over 1M active addresses have been added to Solana over the past year – the Sonic HyperGrid is where some of the best games can be built for these new users. We’re proud to back this incredible team.”
The $12 million fundraising round adds to the $16 million in total funds raised, which included a $4 million seed round in early 2022. Mirror World Labs focused on developing the Solana gaming infrastructure, paying attention to every aspect of the game lifecycle, such as onboarding gamers, developers and the technological fixes needed to keep games running properly.