View source for News/ArenaX Labs Secures $6m

{{News
|seo_title=ArenaX Labs Secures $6m
|seo_keywords=ArenaX
|image=AREAX.jpg
|tags=ArenaX
|date=2024-01-09T17:41:40.000Z
|sources={{NewsSource
|source=Venture Beat
|url=https://venturebeat.com/games/arenax-labs-raises-6m-to-develop-ai-powered-games/
|article=News/ArenaX Labs Secures $6m
}}
|author=Andura
|category=Business,Investments
|content=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.”'''
}}