PlayAI raises $4.3 million in seed funding to grow team and launch stream-to-earn campaigns for gamers
May 29, 2024•about 1 year ago
Amount Raised
$4.3 Million
Round Type
seed
Investors
Angel InvestorsTykhe Block VenturesMh VenturesZentryAlphawaveJump CryptoP2 Ventures
Description
PlayAI has raised $4.3 million in seed funding to bring its total valuation to $70 million. The firm intends to use the fresh financing to grow its team, in addition to launching stream-to-earn campaigns for gamers and moving towards launching the platform's incentivized testnet.
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