Beamable has successfully raised $13.5 million in a Series A funding round led by Bitkraft Ventures. The funding aims to support the development of a decentralized open-source backend infrastructure for games, moving away from traditional centralized models. Jon Radoff, the CEO of Beamable, emphasized the potential of their Decentralized Physical Infrastructure Network (DePIN) for enhancing game backends and live services. Bitkraft Ventures expressed confidence in Beamable's ability to establish a new standard for decentralized gaming infrastructure, highlighting the company's technology and existing market position. This investment marks a significant step in advancing decentralized solutions within the gaming industry.
Shoutout @NicoThePico Coming from an Esports background as Head Coach for @FNATIC, @NIP and various others, it's exciting to have this man dedicated to spreading the word on $BEAM. Imagine the future, when Esports and web3 fully embrace one another. https://t.co/TF31gsi5bj
In case you missed yesterday’s news about Beamable funding, here’s another article that covered the announcement: https://t.co/RMavMaQDrQ
Very happy to see this! Beamable was one of the very few DePins that caught my attention early last year. Proven PMF, clientele ready to move on-chain, & a token-fuelled growth flywheel that addresses real developer concerns - def 1 to watch when the meta values fundamentals. https://t.co/fbpYKlJv0w