Saltwater Games has successfully secured $5.5 million in seed funding, led by crypto investment firms Deus X and Fourth Revolution Capital (4RC). This funding positions Saltwater Games for expansion, coinciding with strategic acquisitions of gaming developers Maze Theory, Nexus Labs, and Quantum Interactive, known for titles like Doctor Who and Peaky Blinders.

The financial boost is expected to fuel Saltwater Games' growth initiatives, including workforce expansion, technological investments, and exploration of new markets. Notably, Tim Grant, CEO of Deus X and former head of EMA for Galaxy Digital, will assume the role of chairman at Saltwater Games.

Web3 Gaming IP

At the heart of Saltwater Games' portfolio is Celeros, a web3 intellectual property revolutionizing the racing game genre. Set in 2080, Celeros integrates Unreal Engine 5, blockchain, augmented reality, and AI, offering an immersive experience with real-world physics, diverse environments, and dynamic conditions. A key focus of Celeros is customization, enabling players to tailor vehicles and characters to their preferences.

January 2024 marked the launch of Celeros' Community Tournament Series, exclusively for Race Access Pass holders. This event not only showcased Celeros' competitive aspect but also provided substantial rewards, including a $7.5K gaming PC and exclusive NFTs, catering to the gaming community.

With a solid financial foundation, strategic acquisitions, and innovative projects like Celeros, Saltwater Games is positioned for significant growth in the evolving web3 gaming landscape. The company's dedication to providing engaging gaming experiences is evident, marking a promising chapter in Saltwater Games' journey.