2 Punks Capital
San Francisco, CA, United States
Overview
2 Punks Capital is an early stage venture capital firm focused on the future of web3, gaming, DAOs, and consumer blockchain technology.
- Total investments
- 8
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Investment portfolio
- Beamable
Participated · Series A · Feb 2025
Beamable builds decentralized infrastructure for gaming and provides an open, extensible game server platform. The platform lets developers create online games and virtual worlds in minutes and quickly add player auth, analytics, social, commerce, inventory, content management, meta-game features, GenAI and Web3 capabilities. The company is led by CEO Jon Radoff. Beamable plans to develop and scale its Network, a decentralized physical infrastructure network (DePIN) intended to redefine how backend infrastructure for games is built and operated. It raised $13.5M in Series A financing to fund development and scaling of the Network. The company is based in Boston, MA. Beamable provides a Software-as-a-Service platform that helps game makers continuously operate, update, monetize and socialize their games. The platform is integrated with the Unity 3D engine, enabling developers to focus on creativity and differentiation. Led by CEO Jon Radoff, the company has signed up over 100 game studios since last year. Over 20 million users have accessed games built on Beamable, resulting in $150M in revenue transacted through the platform. Beamable raised approximately $5M in an equity funding round and intends to use the proceeds to expand operations and its business reach. The company is based in Boston, MA. Disruptor Beam builds franchise-based mobile games, including Game of Thrones Ascent (2013) and Star Trek Timelines. The company says revenue grew more than 300% last year, driven largely by Timelines, and over 15 million people have played its games. It plans to keep developing existing titles and launch new franchise games currently in development. Next up is The Walking Dead: March to War, a multiplayer strategy game scheduled for release sometime in 2017. Leadership also plans to use funding to build out a publishing platform for marketing, customer acquisition and support. The team is monitoring the impact of the new Star Trek Discovery TV show and may incorporate elements from the show into Timelines.
- Yuliverse
Participated · Series A · Jun 2024
Yuliverse is a metaverse adventure battle game that maps its game world to real-world maps. Players role‑play and complete tasks using play‑to‑earn (P2E) mechanics, combining online and offline elements to optimize the P2E model. The game emphasizes exploration, social interaction, and character progression as core player experiences. Yuliverse integrates location-based world design with adventure and combat gameplay loops. The company recently completed a financing round, signaling early external investor interest in its product and model.
- Feature
Participated · Equity · May 2024
Feature is a Web3 entertainment studio and technology developer. It builds and deploys Smart Content™ smart contract technology to connect audiences with brands via interactive touchpoints. Those touchpoints can be seamlessly embedded into content that users enjoy. Each interaction automatically generates rewards, creating revenue opportunities for both users and brands. The company recently announced a $1.9M strategic investment. Investors named in the report include Intervest, 2PunksCapital, Avalanche, Acme Innovation and Sterling VC.
- KIKI
Participated · Equity · Apr 2024
Kiki World is a community commerce company that enables companies to co-create products with their user audiences using custom engagement tools and blockchain infrastructure. Since May 2023 its community collaboration has led to product collections such as the Skin Development Kit and an NFC-enabled Pretty Nail Graffiti pen. The company leverages blockchain-powered profiles and collectibles to provide incentives for user engagement and to foster direct connections between brands, creators, and customer communities. Kiki plans to begin releasing a new set of platform tools and applications in April 2024, including discovery engines, community management tools designed to reward fans first, and platform APIs. Those tools will enable creators, brands, and fans to connect, launch community-driven campaigns, and accelerate Kiki’s own product lines. Financially, Kiki raised $7M in funding to expand operations and development efforts.
- MyPrize
Participated · Equity · Mar 2024
MyPrize operates a multiplayer online social casino that combines creator-led livestreaming entertainment with sweepstakes-based games and a proprietary AI personalization engine. The platform has delivered over $500M in prizes to players and is operating at a GMV run rate of more than $1.2 billion. The company is on pace for over $100M in revenue this year and says it expects to reach profitability by the end of the year. MyPrize emphasizes creator and community-driven engagement, positioning creators and streamers at the center of shared gaming experiences. The firm plans to use new capital to scale its vertically integrated technology, expand creator onboarding, enhance the core product experience, and enter new markets. MyPrize was founded by Zach Bruch in late 2023 and launched in summer 2024. MyPrize is an online crypto casino platform that enables multiplayer experiences where players can play directly alongside creators, streamers, friends, and broader communities. The company plans to launch its platform and proprietary technology this spring and emphasizes integration with streaming networks such as Twitch, Kick, and LivePeer so creators can incorporate MyPrize into their content. MyPrize operates MyPrize.com (crypto casino games for players outside the U.S.) and MyPrize.us (free-to-play social sweepstakes casino games for U.S. players) and has opened early sign-ups, referrals, and XP earning ahead of launch. The company emerged from stealth after raising $13 million across two rounds of venture financing and says its most recent financing brings its total enterprise value to $140 million on a fully diluted basis including warrants. Founders include Zach Bruch, Paul Martin, Max Bruch, and James Seibel, and the team highlights creator autonomy and new monetization opportunities for influencers. MyPrize is targeting the intersection of iGaming, crypto, and the creator economy to deliver a community-driven, multiplayer social casino experience.