Pantera Capital funds InfiniGods with $8M in Series A

Pantera Capital was the only company responsible for investing $8 million in InfiniGods via a Series A funding round. 

As per the company, they have great faith in the potential of InfiniGods and their commitment towards enhancing Web3 regarding mobile gaming. Pantera Capital believes it will be responsible for revolutionizing the Web3 mobile gaming space and turning it into an all-inclusive and readily available technology base. The company is known to have begun providing services that help narrow down the incorporation of blockchain technology within mobile gaming and do away with the UX obstacles linked with on-chain functions. 

InfiniGods was instrumental in delivering InfiniMerge, which is its initial game, out of beta in January 2023. The narrative is all about olden days Greece, taking it forward by making it necessary for gamers to merge the same type of products and upgrade the products. There are more games in the company’s arsenal, including King of Destiny, a mobile game, and The Immortal Siege, a defence game. 

As per a social media post on X, InfiniGods mentions that this funding is an opportunity to enhance the mobile gaming scenario further. The required resources will now be within their reach to upgrade their blockchain framework and make it worth utilization worldwide. 

Pantera had funded $9 million towards InfiniGods via a seed round in 2022, with added backing from Framework Ventures, Jefferson Capital, Animoca Brands and Double Peak. 

Pantera’s funding towards InfiniGods comes after the company declared that it must collect $1 billion for a fresh crypto venture fund. The Pantera Fund V is known to invest in startup equity, initial tokens, liquid tokens, and various other assets.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

Related Articles

Back to top button