Horizon Blockchain Games Secures $40 Million in a Series A Funding Round

The investment round saw participation from traditional gaming companies such as Ubisoft and Take-Two Interactive, as well as individual investors, including The Sandbox co-founder Sébastien Borget and Axie Infinity co-founder Aleksander Larsen.

Oct 5, 2022
by Akira Ming
Horizon Blockchain Games Secures $40 Million in a Series A Funding Round
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Skyweaver creator Horizon is now ready to expand its reigns with a bigger war chest

Horizon Blockchain Games, the team behind NFT trading card game (TCG) Skyweaver, has secured $40 million in a Series A funding round. 

The round was led by Brevan Howard Digital and Morgan Creek Digital, with participation from Ubisoft, Take-Two Interactive, Polygon, Bitkraft Ventures, CMT Digital, Quantstamp, Round13 Capital, Xchange, and Everyrealm, as well as individual investors, including The Sandbox co-founder Sébastien Borget and Axie Infinity co-founder Aleksander Larsen.

Per the official statement, Horizon will use the funds to build out its Sequence developer platform, Niftyswap marketplace, Skyweaver game, and hire more staff. With the latest financing, the company plans to make Web3 easier, fun, and more powerful for users and builders. 

"Horizon and Polygon have been collaborating since 2019, and we're thrilled to deepen our relationship," said Sandeep Nailwal, Co-founder of Polygon. 

"Both organizations are enabling incredible experiences on Polygon and driving adoption of the Ethereum ecosystem. We are onboarding some of the world's biggest companies to Polygon, and it's amazing to have the Sequence platform for developers so that their journeys into Web3 are seamless."

"We have always had a long-term vision for the future of Web3 and are carefully building complementary products to support the ecosystem," said Peter Kieltyka, Co-founder and CEO of Horizon Blockchain Games. 

"With Sequence, we enable builders to create the next generation of Internet experiences; with Skyweaver, we deliver a fun, strategic, and rich piece of content for gamers to enjoy; and with Niftyswap, we enable the seamless exchange of SFTs, which are poised to become some the world's most useful and traded virtual goods."

Skyweaver is a free-to-play blockchain TCG that's easy to learn and hard to master. Through various PvP game modes, players can win unique NFT cards tradeable for USDC in a built-in marketplace. Those who are interested can check out this guide on how to get started. 

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