Game studio Neon Machine raises $20 million, led by Polychain Capital
Game studio Neon Machine has announced that it has raised $20 million in Series A financing. Polychain Capital led the investment, with Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures and Tess Ventures participating. According to a statement, these funds will be used for further development of "Shrapnel," as the game team prepares to release a preview version in December and then fully launch it at some point in 2024. The Shrapnel team currently has 70 employees, according to CEO Mark Long's statement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
2025’s first inflation print shows New Year’s bump
The first month of the year historically brings bigger price increases
Tether Partners with ZenGo to Make Stablecoins More Accessible
![](https://img.bgstatic.com/multiLang/image/social/40312c5b12b7f08cc1f6f6a45f4b7bd81739435609134.webp)
XRPL DEX Hits $20B Liquidity Milestone as Ripple’s Ecosystem Expands
![](https://img.bgstatic.com/multiLang/image/social/ac89bf7a00b451823a2cb58ae9c63e261739435609787.webp)
Algorand Whales Accumulate ALGO After Steep 45% Drop – Recovery in Sight?
![](https://img.bgstatic.com/multiLang/image/social/5ddc1a15a6e969cf37fffae0f4aaaf331739435605779.webp)
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)