What is Shrapnel?
SHRAPNEL is a free-to-play, team-based first-person shooter developed by industry veterans. Set in The Sacrifice Zone, players engage in survival and combat to extract a valuable resource, Sigma, from meteorites. The game integrates a community marketplace, crafting tools, and blockchain-based digital ownership of in-game assets, aiming to deliver a dynamic and competitive experience with continuous content updates.
How much funding has Shrapnel raised?
Shrapnel has raised a total of $20M across 1 funding round:
Series A
$20M
Series A (2023): $20M with participation from Griffin Gaming Partners, Franklin Templeton, and Polychain Capital
Key Investors in Shrapnel
Griffin Gaming Partners
Griffin Gaming Partners is a venture fund exclusively focused on the gaming industry, managing substantial capital and investing across all stages of gaming startups. They support innovation at the intersection of content, social platforms, and software infrastructure.
Franklin Templeton
Franklin Templeton is a global investment management organization with a broad range of investment capabilities across multiple asset classes, including venture capital. They have a history of innovation, including pioneering tokenized mutual funds.
Polychain Capital
Polychain Capital is an investor specializing in cryptocurrency protocols and companies, with a focus on trading blockchain-based assets. They are active in the digital asset space.
What's next for Shrapnel?
The recent major enterprise-level funding indicates Shrapnel is poised for significant scaling and further development. This strategic investment will likely fuel expansion of its development team, enhancement of its blockchain integration for true digital ownership, and broader marketing initiatives to capture a larger player base. The focus on competitive team-based action and ongoing content updates suggests a long-term vision for sustained player engagement and community building within its unique gaming ecosystem.
See full Shrapnel company page