The Venture Codex

Participated · Series B · Aug 2025

SuperGaming is an Indian game development studio best known for titles such as Indus Battle Royale and Silly Royale, and for producing award-winning mobile experiences. The company develops proprietary technology including the Indus Engine and SuperPlatform, a cloud-based SaaS built in partnership with Google Cloud to power hyperscale, real-time multiplayer games for lower-end devices in emerging markets. SuperGaming has pursued Web3 integration through projects like Tower Conquest: Metaverse Edition on Polygon and a Layer-3 Superchain partnership with B3 GameChain on Base to enable asset continuity and interoperable progression. The new capital will be used to expand Indus internationally (starting with Latin America in partnership with LOUD.GG), scale game development capabilities, hire top-tier talent, create new original IP, and deepen publisher partnerships. Financially, the company closed a $15M Series B following a $5.5M Series A in October 2021, with returning backers reaffirming support. SuperGaming highlights strong market validation—Indus won Google Play's "Best Made in India" award for 2024—and positions SuperPlatform as the primary focus for global expansion and developer-facing monetization and live-ops tools. SuperGaming is a Pune-based game developer that builds and publishes mobile and multiplayer titles. It has developed its own game engine for running hyper-scale, real-time multiplayer games and holds the official PAC-MAN mobile game. Its catalogue includes MaskGun (which crossed 50 million installs), Devil Amongst Us (10 million installs within four months), and Tower Conquest. The company also offers Bored, a suite of games for remote teams used in over 2,500 Slack workspaces across the US, UK, Europe and India. SuperGaming raised $5.5M in a Series A and plans to use the proceeds to expand talent by 60%, build a publishing division and market existing titles. It intends to launch a battle royale, Indus, in early 2022. SuperGaming is building a social platform that serves as a party hub for casual gamers, offering a genre of casual, social and party games. The product targets a broader audience than hard-core titles, aiming for games played by a much larger and diverse audience. The company plans to use the newly raised capital to launch its social platform and to enter international markets within the next year. SuperGaming raised $1.3 million in a seed round to fund these efforts. Founders are Roby John (co-founder and chief executive), Navneet Waraich (director of technology), and Sanket Nadhani; John previously co-founded and led Pune-based June Gaming. The article cites a KPMG and Google study projecting India’s online gaming market to grow to $1 billion by 2021 from $290 million in 2017, highlighting the opportunity SuperGaming targets.

Participated · Seed · Jun 2024

GolfN provides a mobile app that layers Web3 gamification onto the real-world game of golf, serving as a digital caddie and social platform. The platform uses tokenization and digital collectible golf clubs—minted as NFTs on the Solana network—to let members equip clubs, earn rewards during rounds, track side games, and organize leagues. In March 2024 GolfN released its Genesis Collection of NFT Golf Clubs on Solana; the mint sold out in under an hour on Tensor Launchpad. For players who missed the mint, the company will offer monthly membership subscriptions with rental NFT clubs made available by collectors. The mobile application is due out in open beta later this year, and the company plans to use recent funding to develop and scale the app, community, and ecosystem. Jared Phillips is CEO and co-founder.

Led · Seed · Feb 2024

Saltwater Games is a Web3 gaming company. It recently closed a $5.5 million seed funding round. The company completed acquisitions of game developers Maze Theory, Nexus Labs and Quantum Interactive, whose portfolios include Doctor Who and Peaky Blinders games. The seed financing was led by crypto investors Deus X and Fourth Revolution Capital (4RC), and Tim Grant of Deus X will become Saltwater's chairman as part of the deal. Deus X launched last October with family office backing and $1 billion in assets. Saltwater plans to use the funding to increase headcount, invest in new technology and expand its operations into new territories.

Participated · Seed · Jul 2022

On Jul 26, 2022 reNFT raised $5 million in a seed funding round. The financing was supported by a broad group of investors including Everyrealm, Inception Capital, OpenSea, Longhash Ventures, Zentry, MetaStreet, The Sandbox, Animoca Ventures, Gemini Frontier Fund, Sfermion, emoote, Morningstar Ventures, SkyVision Capital, Fourth Revolution Capital, Mechanism Capital, Lattice, Daedalus Angel Syndicate, Moonfire Ventures, gumi Cryptos, and others. The article provides investor descriptions that highlight metaverse, NFT, and crypto-focused participants — Everyrealm is described as leaders in metaverse and NFT innovation, OpenSea as the largest marketplace for crypto collectibles, and The Sandbox as a user-generated voxels video game based on Ethereum. Other backers listed include venture firms, specialized crypto funds, and an angel syndicate. The article does not include additional operational metrics, product details, prior financings, founding year, or location information. reNFT is a year-old decentralized autonomous organization that runs an Ethereum mainnet protocol for renting NFTs. Its platform lets lenders send NFTs to a smart contract, set daily rental prices and maximum rental periods, while borrowers pay rental fees plus collateral returned on return of the asset. The protocol supports ERC-721 and ERC-1155 tokens and has been used to rent collections such as Stoner Cats and Animetas to grant temporary access to perks. ReNFT positions itself as a way for owners to monetize community and utility benefits without selling underlying NFTs. The team is working on expanding compatibility to Solana and Polygon and sees future use cases in the metaverse for renting play-to-earn items, IP and digital real estate. The company recently raised external capital in a seed round led by Animoca Brands.

Participated · Series A · Jul 2022

Mona is a San Francisco-based metaverse world-building platform that lets creators build, mint, and sell interactive metaverse worlds as NFTs. The browser-based platform is free to create and accessible via web browser, with creators able to mint worlds on Ethereum or Polygon. Creators are using Mona to build photorealistic architecture, mesmerizing art, dynamic 3D gardens, immersive POAP scavenger hunts, virtual events and concerts, and escape rooms. Co-founded by Justin Melillo and Matthew Hoerl, Mona provides both a platform and a network for creators. The company plans to use the funding to grow its global community of builders and onboard thousands of new creators to the open metaverse and web3. More than 3,000 builders are already using the platform to design and mint online worlds, launch immersive exhibitions, and host concerts.