"Shaga Raises $4M to Revolutionize Gaming with Ultra-Low Latency"

The DePIN project Shaga, a trailblazer in the Solana ecosystem, has successfully raised $4 million in a seed round led by IOSG Ventures. The round also saw participation from Everyrealm, Amber Group, and several angel investors. This latest funding comes as Shaga continues to revolutionize the gaming industry by overcoming hardware limitations and providing ultra-low latency, making high-performance gaming more accessible.

Shaga's innovative approach to gaming has already garnered significant attention and support from the investment community. In June 2024, the project completed a $1 million angel round, with Arca leading the round and participation from MARIN DIGITAL VENTURES, Skybridge20 Ventures, Aurory, Quotient Ventures, Solana co-founder Anatoly Yakovenko, Helium founder Amir Haleem, and other angel investors.

With this latest round of funding, Shaga is well-positioned to continue its mission of reshaping the gaming industry. The project's focus on breaking through hardware limitations and providing ultra-low latency is poised to transform the gaming experience, making it more accessible and enjoyable for a broader range of users.