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Elixir Games raised $14M in seed funding led by Square Enix, the Solana Foundation, and Shima Capital to develop a global gaming ecosystem and launch the $ELIX token.

Mar 27, 2024over 1 year ago

Amount Raised

$14 Million

Round Type

seed

San FranciscoVideo GamesGaming

Investors

Shima CapitalSolana FoundationSquare Enix

Description

Elixir Games, a Barcelona, Spain-based web3 gaming distribution platform, closed a $14m Seed funding round. The company intends to use the funds to develop a comprehensive global gaming ecosystem, launch the $ELIX token, and introduce the Launchpad & Incubation Program.

Company Information

Company

Elixir Games

Location

San Francisco, California, United States

About

Elixir Games is a pioneer in the game distribution industry, focusing on web3 gaming infrastructure. Its commitment to innovation, excellence, and player-centric experiences has established it as a frontrunner in the gaming sector. Elixir Games also provides a whitelabel solution for enterprises, further cementing its position in the gaming industry. Strengthening its presence in the gaming industry, the company is actively publishing games by acquiring talented indie game studios, showcasing its dedication to nurturing and elevating creative talent within the gaming community.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech