Mighty Bear Games Raises $10 Million in Funding

by Kay Aloha Villamor July 27th, 2022

Mighty Bear Games, a Singapore-based multi-platform game development studio, raised $10 million in funding.

The round was led by Framework Ventures with participation from Mirana, Sfermion, Dune Ventures, Sanctor Capital, Folius Ventures, Polygon, Play Future Fund, Everblue, Ancient8, Ready Player DAO, Razer, Avocado DAO, and DWeb3.

The company intends to use the funds to accelerate growth and expand operations.

Company: Mighty Bear Games PTE. LTD.

Raised: $10.0M

Round

Funding Month: July 2022

Lead Investors: Framework Ventures 

Additional Investors: Mirana, Sfermion, Dune Ventures, Sanctor Capital, Folius Ventures, Polygon, Play Future Fund, Everblue, Ancient8, Ready Player DAO, Razer, Avocado DAO, and DWeb3.

Company Website: https://mightybeargames.com/

Software Category: Multi-platform Game Development Studio

About the Company: Led by CEO Simon Davis, Mighty Bear Games is a studio building the next generation of mobile-first, multi-platform games. The raise follows a period of growth for the studio, which has rapidly established itself as a partner of choice for the world’s leading IPs and platform owners, with immersive, multi-platform games such as Butter Royale and Disney Melee Mania under its belt. Alongside the funding, Mighty Bear Games is announcing its first web3 game slated for release later this year, Mighty Action Heroes, a multiplayer third-person Battle Royale that puts an emphasis on fun, skill, and chaos. Mighty Action Heroes will be powered by Polygon, the carbon-neutral Ethereum scaling solution designed to improve Ethereum functionality and promote infrastructure development. Mighty Bear Games will also receive support from Polygon Studios in the form of funding, marketing, technical advice, strategy, and ecosystem support.

Source: https://www.finsmes.com/2022/07/mighty-bear-games-raises-10m-in-funding.html




Mighty Bear Games, a Singapore-based multi-platform game development studio, raised $10 million in funding.

The round was led by Framework Ventures with participation from Mirana, Sfermion, Dune Ventures, Sanctor Capital, Folius Ventures, Polygon, Play Future Fund, Everblue, Ancient8, Ready Player DAO, Razer, Avocado DAO, and DWeb3.

The company intends to use the funds to accelerate growth and expand operations.

Company: 

Raised: $10.0M

Round

Funding Month: July 2022

Lead Investors: Framework Ventures 

Additional Investors: Mirana, Sfermion, Dune Ventures, Sanctor Capital, Folius Ventures, Polygon, Play Future Fund, Everblue, Ancient8, Ready Player DAO, Razer, Avocado DAO, and DWeb3.

Company Website: https://mightybeargames.com/

Software Category: Multi-platform Game Development Studio

About the Company: Led by CEO Simon Davis, Mighty Bear Games is a studio building the next generation of mobile-first, multi-platform games. The raise follows a period of growth for the studio, which has rapidly established itself as a partner of choice for the world’s leading IPs and platform owners, with immersive, multi-platform games such as Butter Royale and Disney Melee Mania under its belt. Alongside the funding, Mighty Bear Games is announcing its first web3 game slated for release later this year, Mighty Action Heroes, a multiplayer third-person Battle Royale that puts an emphasis on fun, skill, and chaos. Mighty Action Heroes will be powered by Polygon, the carbon-neutral Ethereum scaling solution designed to improve Ethereum functionality and promote infrastructure development. Mighty Bear Games will also receive support from Polygon Studios in the form of funding, marketing, technical advice, strategy, and ecosystem support.

Source: https://www.finsmes.com/2022/07/mighty-bear-games-raises-10m-in-funding.html




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