Atmos Labs just announced on Twitter the successful close of an $11 million seed round for their new game. Atmos will be a competition-based virtual world set in an expansive sci-fi universe. The company is building the game with the hopes of accelerating the onset of metaverse-native sports in web3 gaming.
Sfermion led the round, which included prominent investors Animoca Brands, Collab+Currency, FBG Capital, Alumni Ventures, RedBeard Ventures, DWeb3, LD Capital, GSR Markets Limited, CoinGecko Ventures, Avocado Guild, UniX Gaming, and more.
The funding will be used to build the foundation of the virtual game world of Atmos, grow its community, and expand the Atmos team. Atmos Labs have stated that they will be using NFTs, DeFi, and the principles of the emerging metaverse to allow players to actually own their gear, teams, identities, and moments.