ArenaX Labs Secures $6m

ArenaX Labs Secures $6m

Business Investments

09 January 2024 17:41

ArenaX Labs secured $6m investment. The company aims to create a PvP platform fighter with the funding. The funding round was led by Framework Ventures. The funders include SevenX Ventures, FunPlus / Xterio and Moore Strategic Ventures. ArenaX Labs officials stated "One of the reasons we built the company was to give people who are really good at AI an opportunity to monetize their talent they might not otherwise have… This will give so many great opportunities to researchers because they can build models and prove they’re better than others, because our game is a competition.”

Tags: ArenaX

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ArenaX Labs Secures $6m

Business Investments

09 January 2024 17:41

Tags: ArenaX

ArenaX Labs secured $6m investment. The company aims to create a PvP platform fighter with the funding. The funding round was led by Framework Ventures. The funders include SevenX Ventures, FunPlus / Xterio and Moore Strategic Ventures. ArenaX Labs officials stated "One of the reasons we built the company was to give people who are really good at AI an opportunity to monetize their talent they might not otherwise have… This will give so many great opportunities to researchers because they can build models and prove they’re better than others, because our game is a competition.”

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

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Mobile game developer Nice Plans Studio has raised $3 million in a recent funding round led by Pixeldog, marking a...

Investments

Jun 13, 2025

One True King Partners with KICK

Livestreaming platform KICK has announced a new content partnership with influencer collective One True King (OTK). The deal includes a...

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Street Fighter 6 has officially teased its upcoming collaboration with K-pop girl group aespa, following an accidental in-game leak. Though...

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Cristiano Ronaldo has been named the Global Ambassador for the Esports World Cup 2025 (EWC), a move aimed at boosting...

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