Neon Machine, the Seattle-based game studio behind upcoming first-person shooter Shrapnel, has raised $20 million in Series A funding. The round was led by Polychain Capital, with Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures, and Tess Ventures also participating. The funds will be used to further develop Shrapnel at a “critical time”, as the game team prepares to ship an early-access version in December ahead of a full launch sometime in 2024. The Shrapnel team currently has over 70 employees. The game will be a sci-fi extraction shooter game, with in-game content such as weapon parts, weapons, and cosmetics offered as NFTs. It will also have user-generated content (UGC) potential, allowing gamers to generate their own game items using Shrapnel’s tech which can then be minted as NFTs. Neon Machine has now raised a total of $37.5 million from its seed funding, Series A, and private token sale rounds. #Shrapnel #NeonMachine #NFTs #GameDevelopment

You can read more about this topic here: Decrypt: ‘Shrapnel’ Game Studio Neon Machine Raises $20 Million Led by Polychain

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