A16z leads Series A funding for game studio Voldex
ChainCatcher news, A16z led a Series A investment in the game studio Voldex, with the specific amount undisclosed. Dune Ventures and Makers Fund continue to participate in the investment, along with new investors including POW Interactive and Mitch Garber's Lalotte Ventures.It is reported that Voldex improves the quality of UGC gaming platforms like Roblox and Minecraft through acquisitions and enhancements of existing games. A16z's Andrew Chen and Jack Soslow stated, "The large and growing user base of these platforms, along with Voldex's deep understanding of the UGC gaming space, positions Voldex to drive significant growth in the coming years."According to previous reports from ChainCatcher, as of December 2022, A16z had deployed less than 50% of Crypto Fund 4, which was launched in May 2022 with a scale of up to $4.5 billion. The firm's partner Chris Dixon expressed excitement about the prospects of blockchain gaming in 2023, particularly regarding community building around web3 games. (source link)