Avalon is developing an eponymous multiplayer online game designed to let players create, share, play, and take ownership of experiences, with assets and progression that move between user-generated worlds. The studio emphasizes interoperability and aims to appeal to both web2 and web3 gamers. Avalon has partnered with AI companies Didimo and Inworld AI to enable characters that interact with players in real time. The company is led by founder and CEO Sean Pinnock and is based in Orlando, FL. Avalon is currently under development for PC and cloud streaming. The studio raised $10M in funding to support development of its debut title. Avalon, led by CEO Sean Pinnock, develops a platform and tools that enable creators and designers to build interoperable games and virtual experiences. The company came out of stealth after raising $13M in funding. The round was led by BITKRAFT Ventures, HASHED, Delphi Digital and Mechanism Capital, with participation from Coinbase Ventures, Yield Guild Games, Merit Circle, Avocado Guild and Morning Star Ventures. The raise also included individual backers such as Kevin Lin, Charlie Songhurst, Dennis Fong and Robin Jung. Avalon intends to use the funds to expand operations.

Total raised

$23M

Funding rounds

2

Latest round

Equity

Latest activity

Apr 2024