Elixir Games Raises $14M in Seed Funding

elixir games

Elixir Games, a Barcelona, Spain-based web3 gaming distribution platform, closed a $14m Seed funding round.

Backers included Square Enix, the Solana Foundation and Shima Capital, among other private entities.

The company intends to use the funds for the development of a comprehensive global gaming ecosystem that will launch later this year and launch the $ELIX token, which will power Elixir Games products, as well as the Launchpad & Incubation Program, also arriving in 2024.

Led by Carlos Roldan, CEO, Elixir Games is a pioneer in the game distribution industry, focusing on web3 gaming infrastructure. It also provides a whitelabel solution for enterprises. Strengthening its presence in the gaming industry, the company is actively publishing games by acquiring indie game studios.

Participants in the funding were particularly interested in supporting the Launchpad & Incubation Program, a support program for web3 gaming developers that will provide a streamlined launch process for games under the Elixir portfolio.