Layer 2 gaming ecosystem Moonveil has announced the completion of a Pre-Series A funding round featuring the participation of leading blockchain VCs.This brings Moonveil’s total funding to $9 million.
Funding will support Moonveil’s goal of developing a layer 2 ecosystem for web3 gaming. Lead investor Spartan Group was joined by Gumi Cryptos Capital, HashKey Capital, Animoca Ventures, Hivemind, and Mask Network. The Pre-Series A follows on from a previous seed round that was filled by P2 Ventures.
The fresh injection of capital will be utilized in the development of Moonveil’s infrastructure and community building. Moonveil will also expand its user acquisition strategy with a focus on web3 users and onboarding GameFi players.
Built using the Polygon CDK, Moonveil’s gaming ecosystem is being developed by a team of seasoned gaming and blockchain industry veterans. Its founders have previous experience at Riot Games, Tencent, Netease, Funplus, and CARV. Having worked on major gaming titles such as League of Legends, Valorant, Minecraft, and EVE online, the team is now developing its own games on Moonveil. The first two titles slated for release are AstrArk and Bushwhack.
With its Pre-Series A funding in place, Moonveil aims to set new industry standards with self-developed, top-tier products on a ZK-powered Layer 2 chain. The mission is to redefine web3 gaming through rapid delivery, community-driven development, and agile iteration, fostering a vibrant ecosystem for game developers and highly engaged users.
About Moonveil
Moonveil is a gaming ecosystem operating on a ZK-based L2. It provides a fully optimized environment for hosting web3 games created by third-party developers as well as titles launched by Moonveil’s in-house gaming studio. Moonveil’s L2 offers unparalleled scalability and performance, providing a high throughput layer for web3 gaming to flourish.
Learn more: https://moonveil.gg/