Pixelmon Secures $8 Million Seed Funding for Web3 Game Development
The funding round, featuring prominent investors, marks a significant step in Pixelmon's journey from controversy to redemption.
- Pixelmon, once criticized for its initial NFT art, has raised $8 million in seed funding to develop its Web3 games.
- The funding round includes high-profile investors like Animoca Brands, Delphi Ventures, and several others, signaling strong industry support.
- Pixelmon's journey from a controversial start to redemption includes a major overhaul of its art and the development of a diverse gaming portfolio.
- The company plans to use the new funds to further develop its games, including the launch of PixelPals and a major release for the core Pixelmon IP.
- Pixelmon aims to grow its decentralized IP across various verticals, including merchandise, trading card games, animated series, and more.