N3TWORK Studios Raises $46M in Series A Funding

N3TWORK Studios

N3TWORK Studios, a San Francisco, CA-based developer and publisher of blockchain games, raised $46M in Series A funding.

The round was led by Griffin Gaming Partners, with participation from Kleiner Perkins, Galaxy Interactive, KIP, Floodgate, LLL Capital, and N3TWORK. As part of the financing, Griffin Gaming Partners’ Peter Levin will join the Board of Directors.

The company intends to use the funds to further the development and launch of its first two web3 titles, Legendary: Heroes Unchained and Triumph.

Led by Matt Ricchetti, President, N3TWORK Studios is a newly formed gaming studio whose mission is to create experiences in, on, and around the blockchain. Legendary Heroes Unchained is a crypto native title, a play-and-earn RPG based on the popular Legendary: Game of Heroes IP, that will be built from the ground up in partnership with its community. Triumph is a deep, yet accessible real-time multiplayer RPG with an innovative economy that offers a hybrid of free-to-play and web3, designed to appeal to the mobile mass market.

N3TWORK Studios was formed in January 2022 from the games team of N3TWORK Inc., after Forte’s acquisition of the N3TWORK platform. The team is made up of more than 60 industry veterans — from companies including EA, Kabam, Zynga, Glu, GREE, Scopely, Machine Zone, Warner Brothers and Disney.