Web3 virtual pet game, Neopets Metaverse, announced a few days ago that it had successfully closed its latest investment round (1/3), raising $4M in funding from many notable investors in the industry, including Polygon.
Polygon Ventures is the most prominent name on the list. In addition, Avalanche Blizzard Ecosystem Fund, HashKey Capital, IDG Capital, and gaming giant NetDragon Websoft participated in the round.
Founded in 1999, NeoPets Metaverse offers its players the chance to create and nurture virtual pets called Neopets and earn or buy digital items using one of two virtual currencies. Additionally, players can explore the vast, vibrant world of Neopia accompanied by their Neopets.
Chief Metaverse Officer (CMO) of Neopets, Dominic, spoke on behalf of the game and stated where the funding will go and how much the investors support the project. He noted, “We are thrilled to garner such strong support from our investors. “This funding will allow us to provide a genuinely inclusive and immersive gaming experience that will capture the spirit of the Neopets community.”