Curio, a web3 gaming studio, raises $5.7 million led by Bain Capital Crypto and SevenX Ventures for its blockchain gaming infrastructure, aiming to enhance gaming with innovative strategies.
Eliza Crichton-Stuart
Head of Operations
Curio, a new web3 gaming studio, has announced securing a significant $5.7 million seed funding round. Co-led by Bain Capital Crypto and SevenX Ventures, with participation from OKX Ventures, this funding marks a pivotal moment for Curio as it continues to develop its web3 games and blockchain gaming infrastructure.
Kevin Zhang, co-founder of Curio, highlighted the company’s unique direction in game development: “While most crypto games emulate existing video games, we focus on integrating the simplicity and replayability of classic board and card games. Duper exemplifies this by seamlessly blending game mechanics with meaningful stakes, ensuring accessibility and engagement.”
Curio Raises
Previously known for its involvement in NFTs through partnerships with Universal Music Group in 2022, Curio has shifted its focus to building an on-chain gaming platform aimed at powering the next generation of blockchain games. This latest round of funding follows a $2.9 million investment round announced in February 2023, bringing the total raised to $8.6 million.
The infusion of capital will primarily support the acceleration of Curio’s flagship project, the live poker-like game show known as Duper. Leveraging high-stakes wagering strategies, Duper integrates classic board and card game mechanics into its gameplay, offering an innovative approach that sets it apart from traditional video game simulations.
Stephan Cohen, partner at Bain Capital Crypto, expressed confidence in Curio’s vision: “Since our early partnership with Curio, we have been impressed by their innovative approach to merging blockchain technology with social dynamics and skill-based wagering. Their commitment to enhancing traditional gaming experiences like Poker and Mahjong through immersive gameplay positions them at the forefront of the industry.”
Curio Logo
As Curio leverages its new funding to advance its gaming projects and expand its team, it is positioned to make a notable impact on the blockchain gaming industry. By combining elements of classic board and card games with modern video games, Curio aims to set new standards for web3 gaming. The support from investors like Bain Capital Crypto, SevenX Ventures, and OKX Ventures highlights the potential of Curio's approach. As the company continues to innovate and develop its on-chain gaming infrastructure, it is set to contribute to the evolution of blockchain-based interactive entertainment.
updated:
August 7th 2024
posted:
August 5th 2024