What is Ancient8?
Based in Vietnam, Ancient8 operates at the intersection of decentralized finance and gaming, aiming to build innovative solutions within the burgeoning play-to-earn and blockchain gaming ecosystem. The company's focus on DeFi principles within gaming suggests a strategy to empower players with ownership and financial opportunities through digital assets and decentralized applications. This strategic positioning is critical in a market increasingly looking for sustainable and player-centric gaming models.
How much funding has Ancient8 raised?
Ancient8 has raised a total of $10M across 2 funding rounds:
Angel/Seed
$4M
Private Equity
$6M
Angel/Seed (2022): $4M, investors not publicly disclosed
Private Equity (2022): $6M led by C² Ventures, Pantera Capital, 6th Man Ventures, and Makers Fund
Key Investors in Ancient8
Pantera Capital
Pantera Capital is a blockchain-focused investment firm that backs founders and digital asset networks, combining venture and hedge strategies to give investors broad exposure to cryptocurrencies, token projects, and companies shaping future financial infrastructure.
6th Man Ventures
6th Man Ventures is a venture capital firm that partners with innovative founders to build transformative companies, particularly in the blockchain application layer and adjacent technologies. They focus on investing in N of 1 founders and provide funding typically ranging from $2 to $5 million.
Makers Fund
Makers Fund is a global venture capital fund focused on supporting the next generation of creators and innovators in the games and interactive entertainment industry. The fund provides capital, strategic guidance, and access to a global network to help visionary entrepreneurs establish their businesses.
What's next for Ancient8?
The substantial enterprise-level and strategic investment in Ancient8 signals a strong confidence from its backers in the company's vision and execution capabilities. This influx of capital is likely to fuel further development of its gaming platforms, expansion into new markets, and enhancement of its DeFi offerings. The company is poised to leverage this backing to solidify its position as a leader in the Vietnamese and global blockchain gaming space, potentially driving innovation in player economies and decentralized game development.
See full Ancient8 company page
