Sanlo announced on Twitter the close of a successful Series A funding round of $10 million to support game developers entering web3. Sanlo offers game developers access to tools, tech, and other assets to help reach healthy, scalable growth from web2 to web3.
Konvoy Ventures led the round, with support from Initialized Capital, Portage Ventures, XYZ Venture Capital, London Venture Partners and Index Ventures. They also announced the addition of angel investors from Fin Capital and GFR Fund.
The latest Series A funding round is supposedly going to scale up the company’s financial operating system. This is the main piece of tech Sanlo uses to evaluate and assist game and app developers shift from web2 to web3.
Sanlo noted within the press release that their pool of capital is now larger, with the amount available to developers being raised to $200 million as a result of a partnership with HCG Funds.
