Infinitar Secures Seed And Angel Funding, Launches Series A Round

According to BlockBeats, on October 1, Web3's first MOBA blockchain game, INFINITAR, announced the completion of its seed and angel funding rounds. The rounds were led by Lam Group, with participation from AccelByte and Waterdrip Capital, raising a total of $2.9 million. The company has now initiated its Series A funding round, aiming to raise $9 million. This round is also led by Lam Group and AccelByte, with AC Capital, DEX Ventures, and Mason Labs participating. The post-investment valuation is projected to be $150 million. Several well-known investment institutions are currently in discussions to join the Series A round, with the full financing expected to be completed soon. INFINITAR is a AAA game focused on the GameFi sector and has garnered participation from hundreds of Web3 communities across more than twenty countries. The game has achieved thousands of downloads on both the Apple and Google app stores.