Gaming startup Azra Games raises $42.7M in Series A funding round

Azra Games Raises $42.7 Million in Series A Funding, Bringing Total Funding to $68.3 Million

Web3 Gaming Annual Report 2024 🎮📊#blockchaingames Investment Landscape in 2024🔹 $909.4 million across 220 funding events, decreasing 7.3% from 2023 and remained significantly below the 2021-2022 boom period.🔹 A shift toward early-stage investments, with 76 early-stage deals (34.6% of total events) compared to just 20 Series A or later rounds (9.1% of total). While new projects continue to attract initial funding, many projects from the 2021-2022 boom period are finding it challenging to secure follow-on rounds.🔹 Among investors, @animocabrands maintained its leadership position with 38 investments, a 192.3% increase from 2023, participating in 17.3% of all 2024 funding events.🔹 Seven projects raising over $20 million in single events. @AzraGames led with a $42.7 million Series A round.🔹 Funding increasingly targeted gaming infrastructure and development tools rather than just games themselves.🔹 Platform and multi-chain development attracted substantial attention, particularly projects building cross-chain gaming ecosystems.Data updated: Dec 15, 2024Read the full report now⬇️

October 2024 Blockchain Game Research Report: User Activity Increases, Financing Boom Reappears, Traditional Giants Deepen Layouts【Plain Language Overview】In October 2024, despite #BTC surging by 15.9%, the blockchain gaming market performed steadily, with a total token market cap of $21.15 billion. The daily active users in gaming reached 5.30 million, largely driven by blockchain games like Matchain within the #Telegram ecosystem.This month, traditional gaming giant Ubisoft launched its first blockchain game, and crypto fund VanEck invested in Gunzilla Games. Investment enthusiasm is high, with total financing for #Web3 games reaching $9.46 million, of which Azra Games secured $4.27 million for developing a console-level mobile RPG.The market is trending towards viewing blockchain features as auxiliary mechanisms rather than core components, reflecting the industry's mature development. https://t.co/esqLugd7mE

Wu Says VC Monthly Report: October Financing Amount Decreased by 3%, Amount Increased by 28%, Stripe Acquires Bridge

Top Fundraising Rounds in October​Over $2.4 Billion was secured through 109 deals in the past month.1/ @Stablecoin secured $1.1B in M&A led by @stripeBridge is building a stablecoin-powered money movement platform, offering services such as payouts, cross-border payments and exchanging foreign currencies.2/ @praxisnation secured $525.0M in funding roundPraxis is a community of future city residents, including founders, creatives, investors, and others.3/ @Blockstream secured $210.0M in funding round led by @FulgurVenturesBlockstream is a leading blockchain development company founded in 2014. Its core focus is on developing new infrastructure for the legacy financial system, with key developments revolving around Bitcoin sidechains and other blockchain-related applications.4/ @AzraGames secured $42.0M in Series A led by @PanteraCapitalAzra Games is a blockchain games company, aiming to create mainstream collectible and combat role-playing games.5/ @yellowcard_app secured $33.0M in Series C led by @blockchaincapYellow Card is a cryptocurrency exchange that offers the safest way to buy and sell Bitcoin with various payment options.6/ @glowlabs_org secured $30.0M in funding round led by @hiFramework, @usvGlow is building proof of physical work (PoPW) for carbon credits.7/ @nillionnetwork secured $25.0M in funding round led by @hack_vcNillion is a decentralized public network based on a new cryptographic primitive called Nil Message Compute (NMC)8/ @Bitnomial secured $25.0M in funding round led by @RippleBitnomial was founded in 2014 to create a marketplace connecting native digital asset hedgers with institutional traders. I9/ @atlasxyz secured $21.0M in funding round led by @HaunVenturesAtlas is the blockchain for verifiable finance—a financial world where transparency, security, and performance coexist without tradeoffs.10/ @ithacaxyz secured $20.0M in funding round led by @paradigmIthaca is developing Odyssey, an open-source Layer 2 network, built with Reth, the OP Stack and Conduit.

Top Fundraising Rounds Last Week​Last week, over $2B was secured through 28 deals.1/ @Stablecoin secured $1.1B in M&A led by @stripeBridge is building a stablecoin-powered money movement platform, offering services such as payouts, cross-border payments and exchanging foreign currencies.2/ @praxisnation secured $525.0M in funding roundPraxis is a community of future city residents, including founders, creatives, investors, and others.3/ @Blockstream secured $210.0M in funding round led by @FulgurVenturesBlockstream is a blockchain technology company founded in 2014, focusing on developing new infrastructure for the financial system, particularly around Bitcoin sidechains and related applications.4/ @AzraGames secured $42.7M in Series A led by @PanteraCapitalAzra Games is a game development studio dedicated exclusively to role-playing games (RPGs).5/ @yellowcard_app secured $33.0M in Series C led by @polychainYellow Card is a cryptocurrency exchange that allows users to buy and sell Bitcoin using various payment options.6/ @Bitnomial secured $25.0M in funding round led by @RippleBitnomial is a U.S.-based regulated cryptocurrency exchange offering futures and options trading for Bitcoin and other digital assets.7/ @zkPass secured $12.5M in Series AzkPass a composable, privacy-preserving decentralized identity verification solution for Web3 based on multi-party computation (MPC) and zero-knowledge proof (ZKP) technologies.8/ @OpacityNetwork secured $12.0M in Seed led by @archetypevc, @BreyerCapOpacity is a zero-knowledge proof (ZKP) protocol that enables trustless verification of information without revealing details.9/ @SolvProtocol secured $11.0M in StrategicSolv Finance is a decentralized platform focused on providing liquidity and yield infrastructure for digital assets.10/ @MentoLabs secured $10.0M in funding roundMento is a decentralized and transparent protocol that enables the creation of stable value digital assets, such as stablecoins that track the value of fiat currencies.

👏 Crypto Funding Summary (Oct 14 -Oct 18) 🤩 Congrats to @dropdotmoney @zkPass @SurgeBuild @Hyve_DA @MentoLabs @Bitnomial @TheArenaApp @HermeticaFi @worldofdypians @0xPredicate @Blockstream @Pell_Network @BlockcastNet @AzraGames @OpacityNetwork @SolvProtocol @PlasmaFDN @Lombard_Finance#Funding #NaboxWallet #ChainLabs

This Week In Gaming; 21st OctoberCheck out all the hottest gaming news this week: https://t.co/V3awRpXUDA🎮 Game Development News• Ethereum-Based Game 'Moonray' to Launch on PS5 Without Crypto Features• Binance Web3 Wallet and BANANA Announce Exclusive $50,000 USDT Giveaway• Hamster Kombat Season 2 to Focus on Game Development and Publishing• Immutable zkEVM Introduces Permissionless Deployment for Web3 Game Developers• Blast Royale Surpasses 1 Million Downloads as Players Flock to Battlelands• L3E7 Guardians Phase 1: Luckylist Deposit Opens for 24-Hour Period• The Desolation Open Beta Launches with New Features and Exclusive Rewards• Play Launches Build Play Platform and Partners with TapNation to Integrate Web3 in Mobile Games• Axie Origins Season 10 Final Era Begins with 24,000 AXS Prize Pool and Elite 8 Tournament💰 Game Financing News• Double https://t.co/Np7PNTtwSG Partners with Neoclassic Capital to Drive Web3 Adoption in Asia• Azra Games Secures $42M in Series A Funding to Develop World-Class Blockchain Games🎁 $CARV, Airdrops, Free Mints, and Launchpad• Hatchyverse, a decentralized IP game, NFT FREE Mint on October 21• Paragon NFT FREE Mint on October 22• King of Destiny Play to Airdrop Campaign and start winning $GOD from October 23• Moonray, backed by Animoca, NFT FREE Mint on October 23• Emergence NFT FREE Mint on Seedify on October 24

👏#Crypto Funding Summary (Oct 14 - Oct 18 ) Congrats to @dropdotmoney @zkPass @Hyve_DA @MentoLabs @Bitnomial @praxisnation @TheArenaApp @HermeticaFi @Blockstream @Pell_Network @BlockcastNet @AzraGames @OpacityNetwork @SolvProtocol @canyon_labs @PlasmaFDN @Lombard_Finance @yellowcard_app 👉Click to learn more https://t.co/JaK0jZNh92

Web3 Watch: Tap-to-earn game Hamster Kombat gears up for Season 2 

We're excited to join the legends from @PanteraCapital, @AzraGames, and @npclabs to chat about the future of web3 gaming & its key value unlocks. @InfiniGuru will be present, alongside @markotero, @darylX24, & @FranklinBi. To Valhalla, together. ⚡️✊ You can register for the event below. ⬇️

Our weekly web3 recap is about to hit your inbox, featuring:🏆 @playoffthegrid hits #1 on @EpicGames⚔️ @AzraGames raises $42.7M👀 @yugalabs sell off @10KTFshopPLUS: the winners and losers in NFTs this weekSubscribe: https://t.co/aqZUTYWqQc https://t.co/a12lqAqYHj

Our weekly web3 recap is about to hit your inbox, featuring:🏆 @playoffthegrid hits #1 on @EpicGames ⚔️ @AzraGames raises $42.7M👀 @yugalabs sell off @10KTFshop PLUS: the winners and losers in NFTs this weekSubscribe: https://t.co/tqnGANI56g https://t.co/Ux5CSQIvgC

Some of the recent private fundraising events among blockchain startups you should know about. October 2024, part 2. https://t.co/A3MJ1Jx4mh@AzraGames @townsxyz @ithacaxyz @zkPass @OpacityNetwork @deltadotnetwork @SolvProtocol @0xPredicate @Dropdotmoney @lombard_finance https://t.co/xJiHd7cFBd

Crypto Fundraising Activities of the Week@OpenGradient => $8.50M@deltadotnetwork => $11M@yalaorg => $8M@ithacaxyz => $20M@SolvProtocol => $11M@AzraGames => $42.70MCheck out https://t.co/b1vg1WjUYH for more insights.#Cryptolenz #Crypto #Cryptocurrency #CryptoNews #CryptoFundraising #Web3 #Blockchain #OpenGradient #Delta #Yala #Ithaca #Solv #Azragames

NEWS: Azra Games Raise $42.7M To Develop Web3 Mobile RPGs @AzraGames @PanteraCapital @a16zcrypto @a16zgames @NFX @markotero ➡️ https://t.co/TZN7hrCdXR https://t.co/TZN7hrCdXR

📢 @AzraGames, a blockchain gaming startup, has raised $42.7M in a funding round led by @PanteraCapital to accelerate development of its Project Legends mobile role-playing game, Additional round participants included @a16zcrypto and @NFX.Details👇https://t.co/DXOfzYBVum https://t.co/iO1QlE4eW0

SoSo Daily Oct 16 | Blockstream Secures $210 Million to Drive Layer 2 Growth and Expand Bitcoin Treasury

RPG gaming studio @AzraGames raised $42.70M in a Series A funding round led by @PanteraCapital, with participation from @a16zcrypto, @a16zGames, @NFX. https://t.co/7mmtbFt8jW https://t.co/s7uq2JM2u4

The Token Market Today | The Web3 Tavern 🎙🧙 The token market is a massive point of discussion at the moment, let's explore it together! Guests: @stasisnet @AzraGames @meai_app @CallOfTheVoYd @meta_pool @AscendtheEnd @FUNtoken_io @adityabajaj23 Tune in! https://t.co/t5u8TpY6lg

The admin keeping himself from spilling the beans 🫡Going LIVE w @AzraGames in 40 mins! https://t.co/Zd11BUFJP0

🎙 REALM x Azra Games 👾 We're thrilled to announce a Space with @AzraGames this week! Join & participate to win $300 USDC! 💰 👇 Drop your questions/topics of discussion below. The best ones will be covered in the space and share rewards! https://t.co/XOdgm3WK71

🔨 The Evolution of Game Assets: From Skins to NFTs 🔧The Wreck League Chronicles will return today at 1PM PT👀@Soulbound_GG @Blackwater_Town @fillbeforeshill @CosmicChamps @0xPatchara @HangryAnimals @AzraGames Mark your calendar here 👇https://t.co/c5mDiabVWn https://t.co/N2dhsqcV3O

GM HODLers🌞☕️ Last week was an insightful week of Twitter Spaces! 💬 On Tuesday, we explored the DOJ's actions on crypto wallets and the implications for privacy, innovation and sensible regulation with @valkenburgh of @coincenter. Catch the full recording: https://t.co/DUwk9apqad On Wednesday, Casa CEO @NNeuman talked with leaders from @Harpieio, @WalletConnect, @AzraGames, about building secure Web3 experiences that drive user trust and adoption. Listen to this chat hosted by @BlockWorks_ here: https://t.co/4FLWFanupr Big thanks to all the panelists and attendees for such engaging discussions on these critical issues facing our industry. Let's keep the conversations going! 🙌

Join the web3 security panel today @ 3:30 PM ET & learn from experts about building safer crypto experiences! Panel: 🎙️ @blockchainmom_ -BD @harpieio 🎙️ @cyberdrk -CTO @WalletConnect 🎙️ @kenwalton -Growth @AzraGames 🎙️ @Nneuman -Founder+CEO @CasaHODL https://t.co/BGrAf8fscE

🔵 Collection Highlight: The HOPE NFT collection by Azra Games 🔵The HOPE NFT collection, also known as The Hopeful from the renowned @AzraGames studio, has captured the attention of the #NFTCommunitys with its remarkable trading performance over the past 24 hours.Data sourced from the reputable @nftscan_com platform reveals that this coveted collection witnessed an impressive trading volume of 30.3 ETH, facilitated through 30 sales.Remarkably, a staggering 90.15% of this activity transpired on @blur_io, underscoring the platform's dominance in facilitating trades for this particular collection.Data Source – NFTScan: https://t.co/WliuPvwvfzThis recent surge in trading activity is not an isolated occurrence; rather, it contributes to the collection's substantial all-time trading volume of 6.1k ETH, achieved through an impressive 15,486 sales. Such figures are a testament to the enduring appeal and demand for The Hopeful collection among collectors and enthusiasts alike.The Hopeful #collection holds significance as it represents Play Forever Passes from Azra Games, a studio backed by esteemed investors such as Andreessen Horowitz and NFX. Founded by the visionary creator behind the acclaimed Star Wars: Galaxy of Heroes, Azra Games has positioned itself as Web3's most illustrious game development studio. Holders of these NFTs can anticipate receiving epic benefits within the studio's immersive game universe, further fueling the collection's desirability.As the NFT landscape continues to evolve, the #HOPE NFT collection's recent performance serves as a testament to the enduring allure of innovative and well-conceived projects, particularly those emanating from reputable studios with a proven track record. While past performance is not necessarily indicative of future results, this collection's remarkable trading activity undoubtedly warrants close observation from collectors and industry analysts alike.Monitor, Study and Analyze the NFT activity on @ethereum here on #NFTScan: https://t.co/0JaKoEv1a5