Game startup Gacha Monsters completes $3 million seed round financing, led by Animoca Brands

ChainCatcher news, according to Techinasia, Japanese entertainment and gaming startup Gacha Monsters has completed a $3 million seed round financing, led by Animoca Brands, with participation from Infinity Ventures Crypto, FBG, and Big Time Games.

It is reported that the company is led by Jia Shen, who as a game developer has developed games such as Pokémon Medallion, Battle Cats, and the international version of Disney Tsum Tsum. Gacha Monsters' first self-developed game is Poglin, which aims to launch the alpha version of the Poglin game in the first quarter of 2024. The company plans to build Poglin into a multimedia IP that encompasses anime, games, Web3, and physical merchandise.