Ajuna Network raises $5 million to bring web3 gaming to a mass audience

Ajuna makes the world’s leading development engines, Unreal and Unity, fully integrated with blockchain and NFTs. The platform is set to solve the issue of existing blockchain games being relatively slow and technically unsophisticated by enabling developers to create decentralized games using industry-leading platforms like Unity and Unreal, while massively reducing latency by running game engines in powerful, off-chain trusted execution environments (TEEs) linked to the Polkadot network.

The company has raised $5 million in a private round, led by CMCC Global. CMCC Global joins OKX Blockdream Ventures, Signum Capital, as well as blockchain game publisher Animoca Brands who has invested in Ajuna’s parent company BloGa Tech AG. “We are thrilled to be leading this funding round into Ajuna. The platform empowers studios to incorporate immutable digital assets into their games, resulting in powerful new experiences for gamers. We are excited about the upcoming releases on Ajuna and look forward to supporting the team as they take blockchain gaming mainstream” said Charlie Morris, Founding Partner of CMCC Global.

Ajuna Network plans to utilize its recent funding to further its efforts in integrating its suite of tools with leading game engines, as well as developing off-chain game operators that utilize trusted execution environments (TEEs). The goal is to demonstrate the potential for enhancing the gaming experience through the use of blockchain technology and non-fungible tokens (NFTs). To achieve this, the network will continue to invest in community products in partnership with other organizations and support teams as they deploy their games and products on Ajuna Network. The company's vision is to make the use of blockchain technology in gaming a seamless and effortless experience, effectively abstracting it as a fundamental infrastructure for the industry.

"We are ecstatic by the support of our new investors led by CMCC Global , who not only share our drive to build out Ajuna Network but also our passion for the gaming space. With this strong support and growing community, we will continue building out on Polkadot, Ethereum & Polygon."  said Cedric Decoster, CEO of Ajuna Network.

In addition to the closing of the round Ajuna announced that they are about to launch Awesome Ajuna Avatars, their first NFT collective game. The first Season of the Awesome Ajuna Avatars is inspired by Ajunas flagship game BattleMogs, with new seasons launching later this year. The team will continue building products for the community and introduce new web3 experiences with its gaming partners.

(Press release / SK)