According to PANews, Web3 gaming company Elixir Games has raised $14 million in its seed funding round. Investors in the round include gaming giant Square Enix, Shima Capital, and Solana Foundation. This funding brings Elixir Games' total financing to $20 million.
The company plans to use the funds to develop its gaming ecosystem, which is expected to launch in the second quarter of 2024. The funding will also support the introduction of the $ELIX token in its gaming products and other projects.