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Gaming-focused UnCaged Studios raises $24M to build good crypto games


UnCaged Studios, a web3-focused gaming studio, has raised $24 million in a Series A equity funding round to continue growing the crypto gaming industry.
The raise includes investors from Griffin Gaming Partners, Vgames, Maverick Ventures Israel, Drive by DraftKings and 6th Man Ventures. The Series A follows a $4 million token presale for its Solana-focused game, MonkeyLeague. There was no valuation disclosed.
“We could’ve taken money from crypto funds, but it’s stronger to take it from the game industry and believers,” Raz Friedman, co-founder of UnCaged, said to TechCrunch. “We are a gaming company first that is utilizing and bringing web3 into games, rather tha …

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