In Brief:
- Forte raised $725 million in a Series B funding round.
- Sea Capital and Kora Management co-led the round with other investors.
- The fund aims to develop Forte’s products and services.
Forte, a blockchain gaming startup based in the United States, raised $725 million in a Series B funding round.
Sea Capital and Kora Management led the Series B funding round, with additional funding from investors like Animoca Brands, Big Bets (Huuuge Games), Overwolf, Playstudios, Warner Music Group, and zVentures (Razer).
The round was also supported by investors Cosmos, Griffin Gaming Partners, Andreessen Horowitz (a16z), Polygon Studios, and Tiger Global.
The funds will be used to expand Forte’s products and services. It will be also used to speed up the onboarding of new game and content publishers.
“Forte’s mission is to prepare all game developers, big and small—whether you already have a AAA title with millions of players or you are building a blockchain game from the ground up—to be successful in this new landscape,” stated Forte co-founder and CEO Josh Williams
Forte’s platform enables game publishers to easily integrate blockchain technologies into their games, offer features such as embeddable token wallets, NFT minting and selling, and more. Forte also enables publishers with unique benefits such as customizability and interoperability with multiple blockchains.
Forte’s gaming platform is still in private testing for a limited number of partners. The firm right now has over 40 game developer partners who serve 15 million players across their games.
Recently DeFi deep liquidity provider WOO Network raised $30M in a funding round led by Three Arrows Capital, PSP Soteria Ventures, and other investors.
