Participated · Seed · Nov 2023

Yee-Haw Monster Trucks is developing The Citadel, a sci-fi virtual world whose game state, assets, and logic run directly on Ethereum smart contracts. The world is designed to be decentralized, fully open-source, and governed and built by its community of players. The company plans to use the $3.3M seed to continue development of The Citadel and to prepare a public playtest, with a major update imminent. The studio was founded by virtual world enthusiasts Jack Stoops, Max Sallinger, Martino Olmo Fabro, Austin Henderson, Connor Skific, and Will Sanford. Yee-Haw Monster Trucks is actively hiring artists and engineers to support development. No operating metrics were disclosed in the article.

Participated · Seed · Jun 2023

Pixion Games builds multiplayer games with short-session, mobile-first design and is led by industry veterans from major studios. Its flagship title, Fableborne, is an isometric action-RPG that combines strategic base building, asynchronous PvP raids, PvE boss battles and on-chain, tradable in-game assets. The company is integrating a proprietary Pixion League tournament platform and LiveOps powered-by-tournaments model to drive engagement and monetization. Pixion emphasizes careful integration of on-chain elements, user-generated content, and social play without harming core gameplay. The studio encourages community involvement via playtests and active channels on Discord and Twitter to shape development. Founded in 2017, the team aims to accelerate Fableborne’s development with fresh funding and continued investor support. Pixion Games develops real-time, multiplayer mobile esports games aimed at providing accessible, bite-sized PVP sessions for casual and more core mobile players. The studio emphasizes short-session gameplay to capture a "lunchtime esports" audience and targets digital-native players seeking more complex yet approachable systems. Its team includes industry veterans from King, Konami, Curve, and Hutch Games, and the company is led by founder and CEO Kam Punia. Pixion plans to use recent funding to develop its game slate and scale the team. The company has previously received pre-seed and follow-on investments from former King executives Nir Efrat and Alan Fung, and is backed by ex-King directors and other investors.

Participated · Equity · Jul 2022

Mighty Bear Games is a Singapore-based studio building mobile-first, multi-platform games led by CEO Simon Davis. The studio has rapidly established itself as a partner for leading IPs and platform owners with titles including Butter Royale and Disney Melee Mania. It is expanding into web3 with its first blockchain game, Mighty Action Heroes, a multiplayer third-person battle royale slated for release later this year. Mighty Action Heroes will be powered by Polygon, and the studio plans to release an NFT PFP collection this summer tied to early access and in-game rewards. The company raised $10M in funding to accelerate growth and expand operations. Polygon will also provide funding, marketing, technical advice, strategy and ecosystem support for the web3 title. Mighty Bear is a Singapore-based game studio preparing its debut smartphone title. The startup was founded by four former King.com staffers and its 18-person team includes veterans from Ubisoft, EA, Lucasarts, Disney and Gameloft. Its first game is an MMORPG currently being soft-tested for scalability among users in India and the Philippines, with a full iOS and Android launch planned later this year. The studio intends to launch a second title as well and manage both games concurrently, aiming to streamline large desktop experiences into five-minute play sessions for a broader audience. As part of R&D, Mighty Bear creates videos and advertising for mock games to test user engagement and refine concepts before soft launch. Financially, the company previously raised $775,000 in a pre-seed round in early 2017 and has now secured a new seven-figure financing of roughly $2.5 million. Mighty Bear Games is a Singapore-based studio founded by four former King.com/Non Stop Games employees: Simon Davis, Fadzuli Said, Benjamin Chevalier and Saurabh Shukul. The eight-person team has more than 50 years of combined game-development experience and is based at Pixel Studios, a government-backed initiative. The studio is developing its first release, a mobile role-playing game, with plans to launch in test markets before the end of the year. Mighty Bear intends to focus on mobile titles and targets Western gamers while remaining headquartered in Singapore. The company formed after King.com closed its Singapore office following Activision’s acquisition, and the founders saw the closure as an opportunity to start anew. The team cites Singapore’s talent pool, regional access and government support as reasons to stay.

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.

Participated · Equity · Mar 2022

Tiny Rebel Games is a NYC-based developer of games and augmented reality (AR) experiences. Its core product is the Petaverse Network, which combines games, XR, and Web 3.0 to define an open standard for digital pets in the metaverse. The company plans to roll out pet companions starting with cats in Q2 2022 and dogs later the same year, alongside new games and XR experiences. Tiny Rebel intends to use the newly raised funds to expand the Petaverse Network, develop additional games and experiences, and hire key developer positions. The company is led by Lee Cummings and Susan Cummings and counts 1UP Ventures among its existing investors. Financially, the company closed a $7m funding round in which multiple strategic investors and web3 gaming veterans participated.