Announced
Completed
Financials
Sources
Tags
Private
Cross Border
Completed
blockchain
Gaming
gaming
Friendly
Acquisition
Venture Capital
United States
Minority
Private Equity
Synopsis
Private equity firms Sea Capital and Kora Management led a $725m series B funding round in Forte, a blockchain gaming platform. Additional investors include Animoca Brands, Huuuge Games, Overwolf, Playstudios, Warner Music Group, zVentures, Cosmos, Polygon Studios, Solana Ventures, Griffin Gaming Partners, Andreessen Horowitz, and Tiger Global. “Forte has incredible traction in the gaming space, due in part to the robustness of its technical and compliance solutions. We partnered with Forte because of its ethos of building a platform that is simple to integrate without limiting developer flexibility or control, building for the long-term, solving scalability challenges that limit transaction throughput on blockchains today, mitigating high latency and costs associated with blockchain transactions, as well as future-proofing with blockchain portability and cross-chain interoperability,” Daniel Jacobs, Kora Capital Founder.
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