What is xG Studios?
xG Studios specializes in innovative digital collectibles and experiences, leveraging Web3 technology to gamify sporting achievements. Their flagship product, the xG Evolve, is a digital wearable sneaker co-created with industry experts, featuring augmented reality functionality. The company aims to build personal collections based on official match data, targeting both men's and women's football teams through collaborations with athletes to enhance user engagement.
How much funding has xG Studios raised?
xG Studios has raised a total of $600K across 1 funding round:
Angel/Seed
$600K
Angel/Seed (2022): $600K with participation from Launchpool Labs and Alphabit Fund
Key Investors in xG Studios
Launchpool Labs
Launchpool Labs is an early-stage venture firm known for its focus on innovative projects within the blockchain and cryptocurrency space.
Alphabit Fund
Alphabit Fund is a digital asset investment fund that actively supports promising ventures in the decentralized finance and blockchain technology sectors.
What's next for xG Studios?
With this major enterprise-level funding, xG Studios is poised for significant expansion. The strategic investment will likely fuel further development of their Web3 gamification platform, enhance the capabilities of their digital collectibles, and broaden their reach within the professional sports ecosystem. Future growth may involve deeper integration with official sports data and expanded partnerships with athletic organizations.
See full xG Studios company page
