GFAL closes $3.2M seed round with investors including Supercell and Mitch Lasky
Apr 29, 2024•over 1 year ago
Amount Raised
$3.2 Million
Round Type
seed
Investors
David FernandezBcnbcnlvcBonduc Bioscience SlHeinrich ZetlmayerMitch LaskySupercell Ltd
Description
Web3 video games startup GFAL, also known as Games for a Living, has closed a seed funding round with several investors, which include Supercell Ltd and Mitch Lasky, among others. The $3.2 million round builds on the $4.4 million in capital from token pre-sales that the company obtained in 2023 through GFAL’s successful token offering. The additional funding will help GFAL expand its core team and accelerate its production plans. The studio will build on the successful soft launch for mobile of the game Elemental Raiders, which took place in March 2023.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers