Tevaera, a gaming development firm specializing in zkSync technology, secured $5 million in fresh seed and private financing. The round was co-led by Laser Digital and Nomura Group, with participation from notable investors including Hashkey Capital, Fenbushi Capital, Matter Labs, Draper Dragon, Crypto.com Capital, and others.
The infusion of capital is earmarked for expanding Tevaera’s team and launching a Layer 3 gaming chain on zkSync. The company aims to onboard 2 million players and collaborate with 12 game developers by the year’s end, according to co-founder Gav Negi.
Negi expressed excitement about the funding, noting the company’s journey from bootstrapping to achieving profitability during challenging market conditions. He emphasized the importance of the investment in accelerating Tevaera’s roadmap to establish a robust gaming ecosystem powered by ZK Stack technology on zkSync.
Tevaera currently offers web3 games such as “Guardian Islands” and “Teva Run”, alongside an NFT marketplace and decentralized exchange. With over 850,000 gamers and nearly 2.5 million utility NFTs, the firm is positioned as a significant player in the blockchain gaming space.
The recent launch of zkSync Era, a Layer 2 protocol utilizing zero-knowledge proofs for transaction batching and recording on Ethereum, marks a significant milestone for Tevaera. This protocol, also known as zkEVM, is compatible with the Ethereum Virtual Machine, further enhancing the gaming experience within the ecosystem.
In a social media announcement, Tevaera highlighted its vision for zkSync Era as part of a broader ZK Stack initiative, aiming to revolutionize gaming with a player-centric approach.
Laser Digital, operating under the umbrella of Nomura Group, brings its expertise in digital assets to support Tevaera’s endeavors in the blockchain gaming sector.
