“Seeds Labs, a Web3 game developer, secures $12 million in seed funding with participation from Solana Foundation”

Web3 game developer Seeds Labs announced it has completed a $12 million seed financing round. Participants in this funding include Blizzard Fund under Avalanche, Solana Foundation, Krust, Hashkey Capital, UOB Ventures, Signum Capital, IVC, and Emoote. Established in 2021, Seeds Labs focuses on building game infrastructure on the Solana blockchain. The company aims to ease the growing tension between players and developers in recent years. Seeds Labs’ flagship product is the cross-platform Web3 melee battle royale game, Bladerite, slated for release this month.