Horizon – the blockchain game developer known for Skyweaver – has just raised $40 million in a Series A funding round. This latest funding success, led by Morgan Creek Digital and Brevan Howard Digital, will help expand TCG Skyweaver, Niftyswap as well as Sequence.

Who participated in this latest round of funding?

Tech industry leaders Brevan Howard Digital and Morgan Creek digital led this funding round. Ubisoft, Take-Two Interactive, Round13 Capital, Polygon, Bitkraft Ventures and CMT Digital participated in the Horizon funding round. Additionally, individual investors, including CEO Tobias Lutke and Axie Infinity co-founder Aleksander Larsen, also supported this venture.

Horizon will be using this funding to build Sequence. This is set to be a building tool for Web2 developers who are not yet confident with Web3. Therefore, it will undoubtedly be a revolutionary tool that will onboard more people in Web3.

In addition to Sequence, Horizon will invest in their Skyweaver game, develop Niftyswap – a Web3 marketplace, and hire more employees. “We have always had a long-term vision for the future of web3, and are carefully building complementary products to support the ecosystem,” commented Horizon Co-founder and CEO Peter Kieltyka.

About Horizon

Horizon is a blockchain infrastructure and video game studio specialising in blockchain-powered games. The company is committed to making blockchain fun, easy to use and powerful for users and developers alike.

According to their official website: “We’re committed to providing billions of people with easy and secure access to this new dimension of Web3, so that everyone can own, use and enjoy digital assets.” Undoubtedly, this latest round of investment cements Horizon’s position as a leader when it comes to blockchain-powered games.