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Faraway Raises $21 Million In Series A Round Led By Lightspeed Venture Partners And Ftx, Bringing Total Funding To $30 Million With First Live Multiplayer Game To Launch On The Solana Blockchain Platform

Nov 04, 2021•over 3 years ago

Amount Raised

$21 Million

Round Type

series a

Miami

Description

Game developer and publishing studio Faraway announced today that it has secured its second round of funding for $21 million in a Series A round led by Lightspeed Venture Partners and FTX. The company raised over $8 million earlier this year in its seed round, also led by Lightspeed, bringing total funding to almost $30 million. Other participants in both rounds include a16z, Sequoia Capital, Pantera Capital, Jump Capital and Solana.

Company Information

Company

Faraway

Location

Miami, Florida, United States

About

The company raised over $8 million earlier this year in its seed round, also led by Lightspeed, bringing total funding to almost $30 million. The company is currently expanding across all departments. Faraway is a new gaming studio leveraging blockchain technology to unlock the potential for truly player-driven and decentralized game economies and is set to launch its browser-based flagship title Mini Royale: Nations as the first live multiplayer game on Solana, one of the fastest growing blockchain ecosystems.Faraway Is First Live Multiplayer Game to Launch on the Solana Blockchain PlatformTweet this Faraway is a globally diversified team of 40 that exists across several countries with its HQ based in Miami.

Funding Insights

Based on industry data
Tech investment trends
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