Immortal Rising 2 Secures $3M Funding Ahead of March 27 TGE

Planetarium Labs, a prominent Web3 gaming company, has announced a significant milestone for its flagship title, Immortal Rising 2. The game, developed by Busy Beans Studio, has successfully secured $3 million in funding from leading investors in the Web3 space. This funding round is a testament to the game's potential and its growing ecosystem, which includes a highly successful Immortal Statue NFT sale. The NFT sale concluded ahead of the upcoming Token Generation Event (TGE) scheduled for March 27, further accelerating the game's momentum and community engagement.

The funding round attracted participation from notable Web3 investors, including Spartan Group, Immutable, MARBLEX, Comma3 Ventures, Sovrun, 32-Bit Ventures, Notch Ventures, Cristian Manea, Niels de Ruiter, and other prominent angel investors. This investment will be crucial in expanding the Immortal Rising 2 ecosystem, enhancing gameplay mechanics, and deepening community engagement. The game has already demonstrated a strong product-market fit, with over 8.8 million downloads, and is poised to reach an even wider audience.

Robbie Ferguson, Co-Founder and President of Immutable, expressed enthusiasm for the project, stating, "It's already shown great product market fit with players, recently hitting 8.8M+ downloads. Immortal Rising 2 sits in the centre of a really powerful venn diagram: First, it's built in Asia, the biggest gaming market in the world; Second, it's designed for mobile, which is outpacing both PC and console in growth; Finally, Immortal Rising 2 is fully integrated with web3 mechanics, so the growth of the game is aligned with player incentives. We're really excited to bring this game to an even wider audience using Immutable zkEVM's advanced scaling solutions, and our distribution platform, Immutable Play."

Kelvin Koh, Co-founder & Partner of Spartan Group, added, "Immortal Rising 2 represents the next evolution of decentralized gaming, offering true ownership and rewards for players. We believe in Planetarium Labs' vision and are excited to see how they continue to innovate in the Web3 gaming space."

Jin-pyo Hong, CEO of MARBLEX, highlighted the potential in the growing synergy between Web2 and Web3 gaming, stating, "At MARBLEX, we see immense potential in the growing synergy between Web2 and Web3 gaming. Immortal Rising 2 is a prime example of a blockchain game that delivers engaging mechanics and meaningful digital ownership, and we’re excited to be part of its journey."

The Immortal Statue NFT sale, which concluded ahead of the TGE, saw overwhelming demand. Collectors and players secured limited-edition NFTs that provide exclusive in-game benefits, token airdrops, and prestige within the Immortal Rising 2 ecosystem. This follows the game's Play-to-Airdrop (P2A) launchpool, where over 9 million SoulBound Tokens (SBTs) were claimed through daily missions, underscoring the community's enthusiasm and engagement.

With the successful funding round and NFT sale complete, Immortal Rising 2 is gearing up for its highly anticipated TGE. This event will unlock new opportunities for players and investors to participate in Immortal Rising 2’s evolving economy and governance, sharing the future of decentralized gaming. Details on the upcoming TGE can be found on Immortal Rising 2’s X and Discord.

Planetarium Labs, which raised $32 million in a Series A funding round, is a community-driven Web3 gaming company that builds immersive and moddable gaming experiences for users around the world. With decades of collective experience in gaming and blockchain technologies, and with industry-leading visionaries and partners, Planetarium Labs is building the protocols and experiences that take Web3 gaming to the next level.