Web3 Gaming Infrastructure Firm NPC Labs Secures $21 Million in Funding
CryptoNewsTerminal Staff22 Jul, 2024
Web3 Gaming Infrastructure Firm NPC Labs Secures $21 Million in Funding
NPC Labs, a Web3 gaming infrastructure provider, has successfully raised a total of $21 million in funding, as reported by CryptoSlate. The seed round was led by Pantera Capital, and other notable participants included Makers Fund, Hashed, Collab Currency, Mirana Ventures, BitScale Capital, and Mantle EcoFund. NPC Labs is a pivotal contributor to Base, Coinbase's Layer 2 network. The substantial funding will be strategically utilized to establish an on-chain gaming ecosystem. This investment demonstrates the growing momentum and recognition of Web3 gaming's potential to revolutionize the industry.