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New Investments

Gudchain Closes $5M Investment Round

The round was led by Mechanism Capital and with participation from Manifold, SkyVision Capital, ourselves, and others.

Jun 21, 2024 · 1 min read
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Gudchain Closes $5M Investment Round

Congrats to Gudchain on raising $5M. The round was led by Mechanism Capital and with participation from Manifold, SkyVision Capital, ourselves, and others.

Gudchain is a gaming-focused OP-stack-based L2 blockchain that aims to simplify Web3 complexities and access for players. It is built by our long-time portfolio company, Highstreet Market. Gudchain will become a foundation layer for Highstreet products, starting with Highstreet World VR MMO being the first game to launch on the chain.

Over the past months, the team has built a wallet with account abstraction at its core, enabling cross-platform compatibility with browsers, movies, and VR devices.
They have also built a Unity SDK with pre-configured Web3 blueprints for multiple gaming genres.

The team has also signed 5 flagship games, which they plan to launch on the chain in the next 6 months.

Learn more: ➡️ here


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