The blockchain gaming company Horizon has completed a $40 million Series A funding round, led by Brevan Howard Digital and Morgan Creek Digital

2022-10-04 20:17:25

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According to Chain Catcher news and Bloomberg reports, Horizon, a blockchain gaming company based in Toronto, Canada, announced the completion of a $40 million Series A funding round, led by Brevan Howard Digital and Morgan Creek Digital, with participation from traditional video game companies Ubisoft Entertainment SA and Take-Two Interactive Software, Inc. The company has not disclosed the valuation for this funding round, but according to PitchBook data, its valuation reached $89.5 million after the previous funding round last year.

Horizon founder and CEO Peter Kieltyka stated that the funds will be used to continue building its products and services, including the Sequence developer platform, the digital asset marketplace Niftyswap, and the virtual NFT trading card game Skyweaver, while expanding the team size from 60 to 90 people by the end of this year. (Source link)

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