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Clockwork Labs Raises $22M For Community Sandbox Mmorpg Bitcraft

Jun 16, 2022about 3 years ago

Amount Raised

$22 Million

SustainabilityFinancial ServicesOtherSoftware

Description

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Company Information

Company

Clockwork Labs

About

The company’s first game project, BitCraft, has received broad positive reception since it was announced in September of last year, the company said.“The additional capital raised will enable us to scale the team considerably and we are now even better equipped to face all challenges attached to creating a game world as ambitious as BitCraft’s,” Alessandro Asoni, cofounder of Clockwork Labs said, in a statement. The company, which is founded by engineers with strong computer science backgrounds, is actively recruiting compiler, database, and distributed systems engineers as it seeks to make the foundational technology for BitCraft available to other developers as a standalone product.In an email to GamesBeat, A16z’s Lai said, “We were impressed by how the Clockwork Labs team is building both a compelling game in BitCraft as well as new proprietary technology in their underlying database architecture. The company previously raised $4.3 million in August 2021. Some of this sounds like a blockchain game to me, but Cloutier said the company hasn’t made any announcements on that front yet.

Funding Insights

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