What is Kingspeed?
Kingspeed is a collective of seasoned blockchain developers, game creators, artists, and cryptocurrency investors dedicated to realizing the full potential of blockchain gaming. Their mission is to create enjoyable gaming experiences that also offer players the opportunity to earn, bridging the gap between entertainment and economic reward. The company focuses on developing engaging titles for a global audience, leveraging blockchain technology to foster a player-centric ecosystem.
How much funding has Kingspeed raised?
Kingspeed has raised a total of $1.2M across 1 funding round:
Unspecified
$1.2M
Unspecified (2021): $1.2M with participation from Maven Capital Partners UK, Dext Force Venture, Basics Capital, AU21 Capital, and Kyber Network
Key Investors in Kingspeed
AU21 Capital
AU21 Capital is focused on supporting innovative founders in the blockchain sector, investing in promising projects and startups that aim to advance technology and solutions within the blockchain ecosystem.
Kyber Network
Kyber Network is a blockchain-based liquidity hub that connects crypto liquidity from various sources to facilitate trades at optimal rates for decentralized applications and users, aiming to enhance the DeFi ecosystem.
Maven Capital Partners UK
Maven Capital Partners UK LLP operates within the Venture Capital & Private Equity industry, likely providing strategic financial backing to companies with high growth potential.
What's next for Kingspeed?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Kingspeed. This capital infusion is expected to accelerate product development, enhance game offerings, and expand market reach. The company is well-positioned to capitalize on the burgeoning blockchain gaming market, with a clear strategy to deliver innovative and rewarding gaming experiences. Future developments will likely focus on scaling operations, forging new partnerships, and further integrating earning mechanisms within their game titles.
See full Kingspeed company page