The Red Village Raises $6.5M in Seed Funding

The Red Village, a Sydney, Australia-based blockchain-gaming startup, raised $6.5M in Seed funding.

The round was led by Animoca Brands and GameFi Ventures Fund with participation from Kucoin Ventures, JellyC, Sfermion, Polygon Studios, Metavest, SL2 Capital, Dweb3, Spark Capital, Fundamental Labs, OIG Capital, MEXC, IQ Protocol, Rendezvous Equity, Paribu Ventures, CGU, Lucid Blue, DuckDAO, Pylon Labs, Vendetta Capital, and several angel investors.

The company intends to use the funds to create an immersive dark-fantasy ecosystem targeted at traditional gamers.

Led by Brendan Robb, The Red Village comprises two game modes; Tournament mode (which is currently live and playable in alpha and supported by a thriving community), and an expansion of the ecosystem known as The Red Village: Darklands, currently under development by Animoca Brands’ subsidiary Blowfish Studios.

The Red Village is a story of blockchain-gaming, with two sold out NFT sales in late 2021 and early 2022 generating more than 1,100 ETH, and trading more than 3,000 ETH on secondary. The Red Village Tournament mode is currently live in playable beta, and players have already won over $500,000USD. As the first dark-fantasy game on the blockchain.

FinSMEs

05/06/2022