VC Fund Investments
Accel-backed Web3 gaming startup Kratos Gamer Network raises $10-M
Bengaluru-headquartered Web3 gaming startup Kratos Gamer Network (KGeN) has raised USD 10 million (about INR 84 crore) in a funding round led by Aptos Labs, which develops Web3 solutions for live service games. Blockchain startup Polygon and e-sports network Game7 also participated.The round saw the firm’s valuation surge to USD 500 million. KGeN last raised USD 10 million in February 2023 in a round led by Accel at a valuation of USD 150 million.Founded by Manish Agarwal in 2022, KGeN claims to have reached USD 12 million in annualised revenue run rate (ARR), having onboarded 10.8 million gamers on the network.
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