Pantera Capital, the venture firm, emerged as the sole investor in an impressive $8 million Series A funding round for InfiniGods, a prominent player in the web3 gaming arena.
Expressing their confidence in InfiniGods’ team and the promising trajectory of web3 in mobile gaming, Pantera underscored its commitment to lead the Series A round, aiming to propel web3 mobile gaming towards a more inclusive and accessible future. Through social media channels, Pantera lauded InfiniGods for pioneering solutions that streamline the integration of blockchain technology into mobile gaming, effectively overcoming user experience challenges associated with on-chain activities.
InfiniGods marked a significant milestone with the release of InfiniMerge, their inaugural game out of beta, in January 2023. This ancient-Greece-themed merge game captivates players by requiring them to strategically combine similar items or upgrades, enriching the gaming experience. Beyond InfiniMerge, InfiniGods boasts a diverse portfolio including the mobile game King of Destiny and the tower defense game Immortal Siege.
Grateful for the infusion of capital, InfiniGods expressed their determination to advance the future of mobile gaming and expand their blockchain infrastructure to cater to a broader global audience, emphasizing their commitment to innovation and growth.
Pantera’s substantial investment in InfiniGods builds upon their prior leadership in the company’s $9 million seed round back in May 2022. Framework Ventures, Jefferson Capital, Animoca Brands, and Double Peak also contributed to the seed round, reflecting broader industry support for InfiniGods’ vision and potential.
Pantera’s strategic investment in InfiniGods aligns with their broader investment strategy, particularly as they seek to raise $1 billion for a new crypto venture fund. The Pantera Fund V aims to invest across startup equity, early-stage tokens, liquid tokens, and other promising assets, positioning Pantera as a key player in the evolving crypto landscape.
