Moonveil's Pre-Series A Funding Round Hits $9M, Boosting Gaming Layer 2 Ecosystem

Moonveil, a cutting-edge Layer 2 gaming ecosystem, has successfully extended its Pre-Series A funding round, raising a total of $9 million. This milestone underscores Moonveil’s growing momentum and commitment to advancing Web3 gaming.

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Leading the investment round is Spartan Group, with notable contributions from Gumi Cryptos Capital, HashKey Capital, Animoca Ventures, Hivemind, and Mask Network. This fresh capital boost follows a previous seed round funded by P2 Ventures.

The funds will be directed towards enhancing Moonveil’s infrastructure, expanding its community, and executing a strategic user acquisition plan focused on Web3 and GameFi enthusiasts.

Moonveil’s platform, built on the Polygon CDK, leverages ZK-powered Layer 2 technology to deliver high-performance gaming experiences. The development team, comprising veterans from Riot Games, Tencent, Netease, Funplus, and CARV, is set to launch two highly anticipated titles: AstrArk and Bushwhack.

With this new funding, Moonveil aims to push the boundaries of Web3 gaming, emphasizing rapid development, community engagement, and innovative game design to set new industry standards.

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About Moonveil

Moonveil operates on a ZK-based Layer 2 chain, offering an optimized environment for both third-party Web3 games and in-house titles. Its scalable and high-performance platform is designed to support a thriving Web3 gaming ecosystem. Learn more at moonveil.gg.