Web3 Gaming Startup, GFAL Raises $3.2M Seed Round

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As an analyst with a background in the gaming industry, I’m thrilled to see Games For A Living (GFAL) secure $3.2 million in seed funding. The involvement of industry heavyweights like Supercell, Mitch Lasky, and Heinrich Zetlmayer is a strong endorsement of GFAL’s vision and potential in the Web3 gaming space.

As a researcher studying the dynamic world of Web3 gaming startups, I’m thrilled to share that Games For A Living (GFAL) recently concluded a successful $3.2 million seed funding round. This significant investment was facilitated by none other than Supercell, the globally recognized gaming powerhouse, and two industry luminaries, Mitch Lasky and Heinrich Zetlmayer.

I’m thrilled to share the news that GFAL has succesfully raised $3.2 million in seed funding. This significant investment will propel us forward in our quest to pioneer new ground in the Web3 gaming sector. A big round of applause goes out to our dedicated partners and community for their faith in our innovative vision!— Games for a Living (@GFAL_Official) April 29, 2024

Supercell, the renowned gaming firm, and gaming industry veterans Mitch Lasky and Heinrich Zetlmayer contributed significantly to making the funding for this project a reality.

Ilkka Paananen, the CEO of Supercell, expressed his enthusiasm over the new collaboration in his own terms.

It’s been a joy collaborating with this team in the past. We’re thrilled to be along for the ride as they continue to make incredible strides.

Mitch additionally expressed that the GFAL team has consistently put in immense energy and adopted a user-focused strategy in shaping the Web3 gaming sector.

Instead, the funds will be directed towards increasing GFAL‘s team size and enhancing the flexible production methods for its mobile game projects, which are slated to begin with a soft launch in March 2023.

Additionally, the foremostGFAL team members bring extensive experience from backgrounds in industry giants like King Entertainment, Activision Blizzard, and Electronic Arts.

As Supercell enters the Web3 gaming realm, the sector gains increasing attention and participation from industry heavyweights. Stay tuned as we observe how Game Fund at Lightspeed (GfAL) utilizes their recent investment to develop unprecedented gaming experiences.

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2024-04-30 01:56