Game studio Neon Machine raises $20 million, led by Polychain Capital
Game studio Neon Machine has announced that it has raised $20 million in Series A financing. Polychain Capital led the investment, with Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures and Tess Ventures participating. According to a statement, these funds will be used for further development of "Shrapnel," as the game team prepares to release a preview version in December and then fully launch it at some point in 2024. The Shrapnel team currently has 70 employees, according to CEO Mark Long's statement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dow Jones fall as big tech see sell off pressure on Trump’s comments
Share link:In this post: Major stock indices in the US fell on Monday on negative investor sentiment. This followed President Trump’s failure to predict if his tariff policies would lead to a recession. The tech-heavy Nasdaq was weighed by losses in the big techs
Recession risks rise for all 3 North American economies over Trump-US tariff chaos
Share link:In this post: North America’s recession risks rise as Trump’s unpredictable tariff policies create economic uncertainty across the US, Canada, and Mexico. Wall Street tumbles, economists warn of worsening inflation, and the Bank of Canada considers a rate cut amid trade policy chaos. Ontario retaliates with a 25% electricity surcharge on US states, escalating tensions as Trump dismisses economic concerns.
Why XRP Is Poised to Replace the ‘Dying’ SWIFT System
Bitcoin Gold Card in the US? Crypto Insider Floats Proposal
Trending news
MoreCrypto prices
More
