Forte startup raised $ 725 million in next round of funding

Get real time updates directly on you device, subscribe now.

Forte, an American startup providing blockchain-based solutions for game developers, has completed its Series B funding round, raising $ 725 million.

Leading this round of funding become venture capital firms Sea Capital and Kora Management. Also, funds were provided by large investment companies such as Andreessen Horowitz, Tiger Global, Solana Ventures, Polygon Studios, Cosmos, Animoca Brands and Warner Music Group.

Forte management plans to use the funds received to expand its services and attract new gaming companies. The Forte platform is currently available by invitation only and is undergoing testing. At the same time, more than 40 game developers use the company’s services.

With Forte solutions, developers can add blockchain support, collectible tokens, and payment capabilities to their projects. At the same time, the company’s solutions work on various blockchains, including Cosmos, Ethereum, Solana, XRP Ledger, Polygon and many others.

Note that in May, Forte startup attracted $ 185 million This year, the funding to the company has exceeded $ 900 million. At the end of September, Sorare, also in the GameFi field, raised $ 680 million in a Series B funding round.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.