SkyArk has completed a $15 million funding round led by Binance Labs. The fundraising attracted participation from 40 investors including VividThree, GuildFi Global, Jambo Technology, BreederDAO, LayerZero CEO Bryan Pellegrino and Tangent Ventures co-founder Darryl Wang, among others.
SkyArk is building a SocialFi gaming experience SkyArkVerse, where SkyHeroes and SkyLegends work to rebuild their world from the destructions of war. The platform allows players to explore a new world, socialize with friends, and build their own lands.
This is not Binance Labs’ first involvement with SkyArk Studio, the Web3 gaming studio was included in the crypto exchange company’s incubation program in 2021.
Commenting on his company’s inclusion in the program in a previous statement, Kelvin Chua, co-founder of SkyArk Studio said it was an important step in his company’s mission to “revolutionise NFT gaming.”