Exverse raised $3M in a Private funding round

Date: February 16, 2024

Web3 AI-powered free-to-play FPS shooter Exverse raised $3M in a Private funding round led by Cogitent Ventures, Cointelligence Fund, Moonrock Capital, with participation from KuCoin Labs, Epic Games, Seedify, ChainGPT.

Exverse is a free-to-play Web3 FPS game designed by a team with extensive gaming industry experience. Spanning three planets—Social, Quest, and Battle, built on Epic’s Unreal Engine 5 and incorporating blockchain technology, Exverse aims to balance enjoyable, realistic gameplay while prioritizing skill over pay-to-win mechanics, allowing players to stake tokens for rewards and engage in an ever-expanding universe with user-generated content.

Prior to concluding its initial seed funding phase, Exverse established key alliances with various organizations, equipping the company with an extensive set of resources for creating a highly competitive game. This was complemented by a solid business framework and a well-planned marketing approach. Both Seedify and KuCoin Labs contributed expertise and support through their incubator initiatives, with ChainGPT offering preparatory assistance for Exverse’s upcoming launch. Additionally, Maven Capital played a pivotal role in guiding the company’s market entry strategy.

Exverse aims to redefine gaming by integrating blockchain’s benefits, offering players ownership, interoperability, and a truly decentralized ecosystem.

All funding rounds, links and details you can find on the project page Exverse