UnCaged Studios, developers of MonkeyLeague, announce the successful close of a Series A funding round. Griffin Gaming Partners led the funding round with participation from Vgames, and several others. The studio reported it has now raised over $24 million in capital.
Funds raised in this round will go towards further development of MonkeyLeague and Game OS. MonkeyLeague is a web3-based esports game that leverages NFT resources to give players ownership of their team. UnCaged’s other property, Game OS, is an end-to-end platform to help web3 and wbb2 development houses get into crypto.
Nick Tuosto, Managing Director of Griffin Gaming Partners and LionTree, stated: “Griffin Gaming Partners is excited to back UnCaged, which has assembled one of the most capable teams in the industry. We believe new models of digital property ownership in Gaming have the potential to support lasting player engagement and balanced digital economies, but that it will take incredibly talented and experienced teams to unlock the potential of blockchain games.”
