VC Fund Investments
Interactive entertainment startup nCore raises $10-M from Galaxy Interactive, others
Bengaluru--based nCore Games, a venture co-founded by Vishal Gondal and Dayanidhi MG, has raised USD 10 million in Series A funding as it looks to expand its properties into metaverse and non-fungible token (NFTs) as well as launch new games in the Web3 and play-to-earn space. The round was led by Galaxy Interactive and Animoca Brands with participation from Polygon and HyperEdge. Angel investors who participated in the round include former Google executive Amit Singhal, Polygon co-founder Sandeep Nailwal, Ram Madhvani, Rakesh Kaul, Mannan Adenwala, Sanjay Narang, Taj Haslani, Kristian Segerstrale, Sanjay Gondal, Vedant Baali, Kartik Prabhakara, Peter Leung, Yashraj Akashi and Akshay Chaturvedi. The mobile games and interactive entertainment startup would use the funds to provide the studios additional financial support to create a metaverse that will run across titles. nCore Games houses gaming studios such as Studio nCore and Dot9 Games. It has released two multiplayer mobile games FAU:G and Pro Cricket Mobile, with more titles expected this year.
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