PANews reported on July 22 that according to The Block, Web3 gaming infrastructure startup NPC Labs has raised US$21 million in Pre-Seed and seed rounds of financing, including US$3 million in the Pre-Seed round and US$18 million in the latest seed round led by Pantera Capital. Other investors in the latest round of financing include Makers Fund, Hashed, Collaboration+Currency, Sfermion, Mirana Ventures, Bitscale Capital and Mantle EcoFund.

NPC Labs was co-founded by three former Coinbase employees and aims to increase the adoption of on-chain games through B3.fun, an expansion platform built on Base. The B3.fun platform is currently in testnet, and the mainnet launch of B3 is scheduled to be announced later by B3 and its management foundation.