Animoca Brands and Jump Crypto led the seed financing to support the expansion of the web3 gaming platform.
"We’re excited to support Nexus Interactive as it builds a scalable ecosystem for users, builders and creators. We believe these efforts will help to enhance network effects throughout our broader network and we look forward to the impact that the ecosystem of Nexus Interactive will have on the Web3 gaming space."
The financing round was led by Superbet Ventures with participation from Hellen's Rock and Animoca Brands.
"We are excited to become strategic investors, convinced by the vision of GoJoe’s founders. They are exactly the type of start-up that we are looking for in the venture capital market. Having an unique and highly scalable business model, found at the cross-roads of wellbeing, sports and social apps, GoJoe has an impressive potential of organic growth with a wide range of demographics."
Mechanism Capital led the Series A round to support new blockchain integrations and product development.
"The crypto landscape has gone through immense change in the last year through the explosion of DeFi, NFTs, and Multichain ecosystems. We are excited to back the XDEFI team, which built a beautiful product for users to take full advantage of the true Web3 experience."
The oversubscribed round was backed by Outlier Ventures and Animoca Brands to scale product development and ecosystem growth.
"This funding round will fuel the next chapter of the Boson Protocol story — a story I am proud to be a part of as we work to reshape the future of commerce. Our vision is to create a more decentralised, open, and fairer future. This can only be achieved by facilitating the development of a stack of specialist applications to disrupt, demonopolise, and democratise commerce. This decentralised approach to e-Commerce will allow parties to engage in online commercial activity in a trustless, safe, and equitable environment, while allowing for the minimisation of value capture by centralised entities."