Lava Labs is now valued at $100 million after scoring $10 million in the latest series A funding round.
Lava Labs has announced raising $10 million in the latest series A funding round. Its valuation has now topped a whopping $100 million. The London-based blockchain gaming startup plans to infuse the capital into developing its new multiplayer Web3 game – AFAR.that the funding was led by Swiss venture capital firm, Dialectic.
The funds will go towards “AFAR” – a multiplayer game that involves 25 players competing against each other in four-minute battles of four rounds. The gaming platform also said players will be able to start using their lands in a mini-game in the second quarter this year while the development of the main game continues.“Lava Labs is on a path to becoming the Pixar of Web3.
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