Game company Gameplay Galaxy has completed a $11.17 million financing round, led by Blockchain Capital and Merit Circle.

ChainCatcher news, according to The Block, Web3 game development studio Gameplay Galaxy has raised $11.17 million in its latest seed round extension, led by Blockchain Capital and Merit Circle. Founder and CEO Doron Kagan stated that Gameplay Galaxy began its seed round fundraising in May of this year and concluded it last month. This round of financing was conducted in the form of equity financing and included token warrants, bringing the company's valuation to $71 million.

According to asset data platform RootData, Gameplay Galaxy completed a $12.8 million financing in September 2022, bringing the company's total funding to $24 million.