TA Ventures participates in a $1.3M round for MYSTiC GAMES
MYSTiC GAMES has raised $1.3 million in a seed funding round led by Shima Capital. Ukrainian VC fund TA Ventures is among the participating investors, along with 32-Bit Ventures, SevenX Ventures, MEXC, Mainstreet DAO, and Joe Mahon, an angel investor, ArcticStartup reports.
- Founded in 2022 by gaming industry veterans, MYSTiC GAMES is a game development studio based in Stockholm. The startup offers a unique gaming experience by creating multiplayer games based on blockchain technology.
- The studio will use part of the funding to grow its team, and the remaining funds will be used to continue the development of its upcoming mobile title, Call of the VoYd. It is a fast-paced roguelike royale game where players can play with friends, own collectibles, and win prizes.
“We’ve been extremely impressed with MYSTiC GAMES from day one. They have fantastic experience, understanding how to build games that people want to play, and where they want to play them,”
Jason Perkins, General Partner of 32-Bit Ventures, comments.
- Californian fund Shima Capital is the lead investor in this round. 32-Bit Ventures, SevenX Ventures, MEXC, Mainstreet DAO, angel investor Joe Mahon, and, among others, the Ukrainian fund TA Ventures, participated in the round.
About TA Ventures
TA Ventures is an early-stage venture fund, backing companies in Europe and North America at Seed and Series A, alongside high-profile co-investors, across a wide range of tech sectors. Its typical ticket range is between $250,000 and $1 million. It also provides follow-on investments.
Earlier, Viktoriya Tigipko, Founder and Managing Partner at TA Ventures, explained why it is still worth investing in Europe despite the high risks. Read the article, here.