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Venture Capital News: Faraway Raises $21M Series A Funding

2021-11-05
MIAMI, FL, Game developer and publishing studio Faraway has secured its second round of funding for $21 million in a Series A round.
The round was led by Lightspeed Venture Partners and FTX. The company raised over $8 million earlier this year in its seed round, also led by Lightspeed, bringing total funding to almost $30 million. Other participants in both rounds include a16z, Sequoia Capital, Pantera Capital, Jump Capital and Solana.

Faraway is a new gaming studio leveraging blockchain technology to unlock the potential for truly player-driven and decentralized game economies and is set to launch its browser-based flagship title Mini Royale: Nations as the first live multiplayer game on Solana, one of the fastest growing blockchain ecosystems.
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