Kratos Studios Announced $20 Million Funding Round At A $150 Million Valuation Led By Accel

admin — Thu, 09 Mar 2023 00:12:03 +0000

Kratos Studios announces a $20 million funding round at a $150 million valuation led by Accel. Participation from Prosus Ventures, Courtside Ventures, Nexus Venture Partners, Jet Ventures, and Nazara Technologies. Kratos was founded by former Nazara Technologies CEO Manish Agarwal and web3 investor Ishank Gupta.

Kratos also revealed the acquisition of Yield Guild Games sub-DAO, IndiGG via token transfer. The purchase of IndiGG will be crucial to the Kratos web3 gaming ecosystem. The studio plans to use it to facilitate in-game transactions and the earning mechanism.

IndiGG is backed by some of the leading web3 investment companies including Sequoia Capital India, Lightspeed Venture Partners, Variant Fund, Jump Capital, and Animoca Brands.

accel – RE3W.IO

Kratos Studios Announced $20 Million Funding Round At A $150 Million Valuation Led By Accel