Loot Labs raised $6M in Seed funding led by BITKRAFT Ventures to expand its gamified collectibles platform, BOXED.GG, into the digital video game collectibles market.

Oct 08, 2024•11 months ago

Amount Raised

$6 Million

Round Type

seed

SeattleVideo GamesGaming

Investors

EveryrealmFabric VenturesSfermionBitkraft Ventures

Description

Loot Labs, a Seattle-based startup, raised $6M in Seed funding to enhance its platform for collectors. The round was led by BITKRAFT Ventures with participation from Sfermion, Fabric Ventures, and Everyrealm.

Company Information

Company

Loot Labs

Location

Seattle, Washington, United States

About

Loot Labs is based out of Seattle, backed by Bitkraft, with leadership from Microsoft, NASA, Boeing, Lucas Arts, Twitch, and 2K. Our product, Boxed.gg, is the ultimate collectibles experience, empowering collectors and trading card players with a fun and convenient way to enrich their hobby. Today, fans of Pokémon, and Magic: The Gathering can unbox rare trading cards, then have them shipped straight to their home with none of the fuss or bulk. In the near future, this novel experience will expand into digital gaming items and cosmetics with games like Counter-Strike, RUST, and more. Transparency is at the forefront of what we do, through a provably fair system, clear drop table, easy to understand spice meter and open communication with our community. Learn more about Boxed.gg and sign-up for free today!

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