Quick take:
- Arca, Advancit Capital, P2 Ventures, Solana Foundation, Scytale Digital, GrandBanks Capital, Permit Ventures, and others participated in the fundraising.
- The company is building a Beamable Network, which seeks to reduce the reliance on centralised hyperscalers.
- Beamable uses tokenised incentives to align contributors and users, creating a community-driven infrastructure.
Beamable, a decentralised physical infrastructure network (DePIN) for games has raised $13.5 million in a Series A round led by Bitkraft Ventures. The fundraising also attracted participation from Arca, Advancit Capital, 2Punks, P2 Ventures, Solana Foundation, Scytale Digital, defy.vc, GrandBanks Capital and Permit Ventures.
The company plans to use the capital to support the development of Beamable Network, a backend for decentralised gaming infrastructure.
Beamable said its goal is to disrupt the traditional gaming model by reducing the reliance on centralised hyperscalers. The company uses tokenised incentives to align contributors with users, creating a community-driven infrastructure.
“BITKRAFT has been a leader in identifying transformative opportunities at the intersection of gaming and Web3, and this funding validates the enormous potential of the Beamable Network to revolutionize videogame infrastructure,” said Jon Radoff, CEO and Co-Founder of Beamable. “By leveraging the proven success of our existing platform and integrating decentralized principles, we’re unlocking a new era of scalability and inclusivity for developers.”
According to the announcement, Beamable Network will be managed by the Beamable Foundation, an entity created to open-source Beamable’s infrastructure technology and create a tokenized protocol, that challenges the dominance of centralised hyperscalers.
“By decentralizing resources—computing power, storage, and network bandwidth—the network enables a more cost-effective and robust alternative to traditional server platforms,” the company said.
Carlos Pereira, General Partner at BITKRAFT Ventures commented: “We believe Beamable is uniquely positioned to set a new standard for decentralized infrastructure in gaming. Its proven technology and built-in demand, combined with the disruptive potential of DePIN, represents an unparalleled opportunity to enable game developers – across Web2 and Web3 – to build, grow, and thrive at scale.”
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