What is HyperPlay?
Founded in 2022 and headquartered in Newark, Delaware, HyperPlay is carving out a niche in the web3 gaming sector. The platform aims to bridge the gap between traditional gaming experiences and the decentralized web, offering players new ways to interact with and own in-game assets. The company's focus on web3 technologies suggests an ambition to leverage blockchain for enhanced player engagement, digital ownership, and new economic models within gaming ecosystems.
How much funding has HyperPlay raised?
HyperPlay has raised a total of $12M across 1 funding round:
Series A
$12M
Series A (2023): $12M with participation from BITKRAFT Ventures, ConsenSys, and Griffin Gaming Partners
Key Investors in HyperPlay
BITKRAFT Ventures
BITKRAFT is a global venture capital firm specializing in early- and mid-stage investments in gaming and emerging technologies, particularly in the realm of synthetic reality. Founded by gamers for gamers, the company focuses on Seed, Series A, and Series B investments across gaming, interactive media, and related technologies.
ConsenSys
Consensys is a blockchain software company that develops tools and infrastructure for applications built on the Ethereum network. The company provides platforms that allow developers, enterprises, and users to build decentralized applications (dApps), manage digital assets, and access decentralized finance (DeFi) services.
Griffin Gaming Partners
Griffin Gaming Partners is a leading venture fund dedicated exclusively to the gaming industry, managing $1.5 billion in capital. The firm invests at the intersection of content, social platforms, and software infrastructure, supporting gaming startups at all stages from Pre-Seed to Pre-IPO.
What's next for HyperPlay?
With the recent influx of major enterprise-level funding, HyperPlay is poised for accelerated growth and platform development. This backing is likely to fuel expansion into new markets, enhance its technological infrastructure, and potentially broaden its game offerings. The company's strategic direction will likely involve further integration of decentralized technologies to solidify its position as a key player in the web3 gaming space, attracting both developers and a growing player base interested in the future of digital entertainment.
See full HyperPlay company page
