scytale

ChainCatcher news, according to Chainwire, the Web3 mobile game project Flappy Bird Foundation announced the completion of a new round of financing of $2 million, led by Kenetic Capital and Scytale Ventures, with participation from Big Brain Holdings, Optic Capital, and 4SV. The new funds will support the project in adding a range of new Web3 features to attract both nostalgic players and a new generation of gamers.It is reported that under the management of the newly established Flappy Bird Foundation, the intellectual property of the game will continue to be protected.

ChainCatcher news, according to Chainwire, the blockchain interoperability protocol Hyperbridge has completed a $2.5 million seed round financing, led by Web3 Foundation and Scytale.It is reported that Hyperbridge is a cross-chain interoperability solution, and the protocol has also secured a parachain slot in the Polkadot ecosystem, reinforcing its commitment to deep integration and leveraging Polkadot's unique advantages.

ChainCatcher news, Web3 Foundation CEO Fabian Gompf announced at the Polkadot Decoded summit that Scytale Digital will launch a new Polkadot ecosystem fund in October, with the specific size of the fund yet to be disclosed.

According to ChainCatcher news, Moondance Labs, the developer of the application chain infrastructure protocol Tanssi Network, announced the completion of a $6 million strategic financing round, led by Scytale Digital, KR1, and SNZ, with participation from Arrington Capital, Borderless Capital, Hypersphere, Blockchain Founders Fund, and angel investor Gavin Wood.The funds from this round of financing will be used to expand the Moondance Labs team and further develop Tanssi. In addition, Tanssi plans to launch an incentive testnet event. Previously, in May 2023, Moondance Labs announced the completion of a $3 million seed round financing, led by Arrington Capital, with participation from Borderless Capital, HashKey Capital, D1 Ventures, Hypersphere, C² Ventures, and Jsquare.

ChainCatcher news, according to The Block, the blockchain game studio Mythical Games has completed a $37 million Series C funding round, led by Scytale Digital, with participation from ARK Invest under Cathie Wood, Animoca Brands, PROOF, Stanford Athletics, MoonPay, a16z (Andreessen Horowitz), WestCap, Gaingels, Signum Growth, and Struck Capital. (source link)

ChainCatcher news, decentralized storage solution Sumi Network has completed a $3 million funding round at a $30 million valuation, led by Scytale, with participation from Fuse, D1 Ventures, DFG, and TRGC. Sumi Network is now focused on further developing its proprietary decentralized storage solution. (source link)

ChainCatcher news, according to Music Business Worldwide, the Web3 music platform Public Pressure announced the completion of a new funding round of $6 million, led by digital asset management company Scytale, with participation from Metterblock, HV Capital, and Ethereum & Polkadot co-founder Gavin Wood, Energy Web founder Ed Hesse, among others.It is reported that Public Pressure was established in 2015 and transitioned to a Web3 platform earlier this year, built on the Polkadot blockchain, aiming to drive the music industry towards the Web3 space. It has also established partnerships with major fashion brands, including Diesel. The company is headquartered in London but has offices in Europe, Hong Kong, and the United States. (source link)

ChianCatcher news, according to eu-startups, the Web3 social gaming platform Fruitlab announced the completion of a new funding round of 1.5 million euros, led by blockchain industry VC Scytale Ventures. Fruitlab primarily helps games build a Play-to-Earn framework, providing a fair and just cryptocurrency incentive platform for players, content creators, and game developers. The company revealed that its total registered users in the Americas and Europe has approached 700,000. (source link)