Blockchain Game Studio and Decentralized Applications platform Vulcan Forged secured $8 Millon Series A funding
Vulcan Forged, a New York-based provider of a blockchain game studio and decentralized applications (“dApp”), has now secured an $8 Million amount in the Series A funding round.
Vulcan Forged was founded by Jamie Thomson. It is a premium blockchain game studio, dApps incubator, and a cross-chain NFT marketplace. It is the creator of popular web3 gaming titles such as Forge Arena, VulcanVerse, Berserk, and around 15 other games and dApps with around 200000 users in the community.
Executive Opinion
Jamie Thomson, Founder, and CEO of Vulcan Forged, said, "Vulcan Forged has experienced rapid organic growth over the last two years—has expanded from two employees to over 130 and attracting over 200,000 users across 15 games and dApps without outside capital. As we look to expand into new markets like North America and open our office in New York City, we believe that now is the perfect time to capitalize on our momentum with a strategic investment from Anthony Scaramucci and his team at SkyBridge Capital."
Anthony Scaramucci, Founder and Managing Partner at SkyBridge Capital, said, "Jamie is a brilliant entrepreneur and has impressed me as he bootstrapped Vulcan Forged from a small startup to a top 10 metaverse project in the last two years, with a strong commitment to their growing community. Vulcan Forged and their MetaScapes engine are well-positioned to completely disrupt the legacy gaming and entertainment industries, and we are excited to help take them to the next level."
Vulcan Forged's Latest Funding
The round was backed by Anthony Scaramucci’s SkyBridge Capital.
The NFT startup, as of now, has plans to use the new funds to further accelerate the growth of its patented metaverse-as-a-service engine, MetaScapes, and to scale operations in North America and existing key markets.
PC: Pixabay
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Udit Agarwal
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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.
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