"Beamable Raises $13.5M for Game Infrastructure, Backed by Bitkraft and More"
Beamable, a game infrastructure platform developed by DePIN, has successfully raised $13.5 million in a Series A funding round led by Bitkraft Ventures. This investment will support Beamable's mission to provide a comprehensive, scalable, and secure infrastructure for game developers to build, operate, and monetize their games.
Beamable's platform offers a wide range of services, including backend, matchmaking, analytics, and monetization tools, enabling developers to focus on creating engaging gameplay experiences. The funding will be used to expand Beamable's team, enhance its technology, and grow its user base.
Bitkraft Ventures, a leading investment firm focused on the gaming and esports industries, sees great potential in Beamable's platform. "Beamable's infrastructure is a game-changer for developers, providing them with the tools they need to succeed in the competitive gaming market," said Schuyler Decker, Managing Partner at Bitkraft Ventures.
This funding round also saw participation from other notable investors, including Makers Fund, Galaxy Interactive, and Play Ventures. Their support underscores the growing interest in game infrastructure platforms and the potential of Beamable to disrupt the gaming industry.
The gaming industry has witnessed significant growth in recent years, with the global games market expected to reach $295.63 billion by 2026, according to a report by Grand View Research. As the industry continues to expand, there is a growing need for robust and scalable infrastructure solutions to support game developers.
Beamable's Series A funding round is a testament to the demand for such solutions and the potential of the game infrastructure market. With the support of its investors, Beamable is well-positioned to become a leading player in this rapidly growing sector.
