
AVALON, a company specializing in Web3 gaming, has successfully raised $10 million in a funding round led by BITKRAFT Ventures and HASHED, with participation from Coinbase Ventures, Spartan Capital, Foresight Ventures, LiquidX, Momentum6, Delphi Digital, spiritdao, sanctorcapital, DextForce, FollowtheSeed, lvtcapital, AndromedaVC, and fcslabs. This funding will support the development of AVALON's hybrid Web3 MMO and Quests System, anticipated to be a multi-genre MMO universe powered by AI. Founded in 2021, AVALON aims to leverage this investment to expand its ecosystem and introduce innovative gaming experiences to its community.

Congratulations to the team @avalon for a great round of funding! The future of AI-powered gaming is in great hands! https://t.co/qoUcPAZ6c6
Web3 AI-powered Game @avalon Raises $10 Million Here’s everything you need to know: 🌟 $10M funding round co-led by BITKRAFT Ventures and HASHED, with participation from Coinbase Ventures, Spartan Capital, Foresight Ventures, LiquidX, and Momentum6. 👾 Founded in 2021, AVALON… https://t.co/fsBrTdfnXp
Are Web3 MMOs on the horizon? Portfolio company @avalon thinks so. We're proud to fund Avalon's vision and look forward to seeing them redefine Web3, games and user-generated content. https://t.co/8EuDPppHGA