What is Xterio?
Xterio, headquartered in Switzerland, is a prominent Web3 game publisher. The company is dedicated to developing and launching high-quality gaming experiences that leverage blockchain technology and non-fungible tokens (NFTs). By focusing on innovative gameplay and community engagement, Xterio aims to bridge the gap between traditional gaming and the decentralized web, positioning itself as a key player in the evolving landscape of digital entertainment.
How much funding has Xterio raised?
Xterio has raised a total of $55M across 2 funding rounds:
Unspecified
$40M
Other Financing Round
$15M
Unspecified (2022): $40M with participation from Animoca Brands, Matrix Partners, Foresight Ventures, Infinity Ventures Crypto (IVC, XPLA, FunPlus, FTX Ventures, Makers Fund, and HashKey
Other Financing Round (2023): $15M led by Binance Labs
Key Investors in Xterio
Animoca Brands
Animoca Brands is a Hong Kong-based game software and venture capital company that has shifted its focus to blockchain gaming and NFTs, providing strategic backing for Web3 ventures.
Matrix Partners
Matrix Partners is a venture capital firm established in 1977, specializing in investments across software, services, communications, semiconductors, and internet sectors.
Foresight Ventures
Foresight Ventures is an investment firm that focuses on early-stage cryptocurrency projects, offering extensive support through its robust ecosystem and experienced team.
What's next for Xterio?
With the recent influx of major strategic investment, Xterio is poised for significant growth and expansion. The company is likely to focus on scaling its operations, enhancing its game development pipeline, and forging new partnerships within the Web3 ecosystem. This substantial backing suggests a strategic move towards solidifying its market position and potentially exploring new technological advancements to further differentiate its offerings in the competitive gaming industry.
See full Xterio company page
