Yesterday, September 21, Vulcan Forged announced it had secured Series A funding led by SkyBridge. SkyBridge Capital is a global venture capital firm specializing in digital assets and cryptocurrencies.
This funding aims to expand Vulcan Forged’s metaverse-as-a-service footprint to additional key markets such as North America. The $8 million investment round includes an option to invest an additional $33 million.
MetaScapes by Vulcan Forged
Vulcan Forged has been successfully building metaverse games such as Forged Arena and VulcanVerse. To extend their footprint in the space, they are all set to launch MetaScapes – a metaverse-as-a-service engine where everyone can build their own metaverse and store that data in Blockchain.
You can create your own metaverse with just a few clicks – you won’t have to do any coding. MetaScapes is a product of years of development and dedication of the team. Now, it is going to compete the mighty world of Minecraft.
“Vulcan Forged has experienced rapid organic growth over the last two years—having expanded from two employees to over 130 and attracting over 200,000 users across 15 games and dApps without outside capital…
“As we look to expand into new markets like North America and open our office in New York City, we believe that now is the perfect time to capitalize on our momentum with a strategic investment from Anthony Scaramucci and his team at SkyBridge Capital.”
Jamie Thomson, CEO, and Founder of Vulcan Forged.
Not only Vulcan Forged, but there will be other projects that SkyBridge will invest in as the web3 space matures and shows promising numbers. To help Vulcan Forged with MetaScapes, SkyBridge will provide them with appropriate resources such as capital and talent.
“Jamie [Thomson] is a brilliant entrepreneur and has impressed me as he bootstrapped Vulcan Forged from a small startup to a top 10 metaverse project in the last two years, with a strong commitment to their growing community.”
Anthony Scaramucci, Founder and Managing Partner at SkyBridge.
“Vulcan Forged and their MetaScapes engine are well-positioned to completely disrupt the legacy gaming and entertainment industries, and we are excited to help take them to the next level,” he added.