October 15, 2024
Azra Games, a Sacramento-based company established in 2022, focuses on developing the next generation of mobile role-playing games (RPGs) with exciting gameplay, intense combat, and engaging storylines. They have successfully completed a $42.7 million Series A funding round, led by Pantera Capital and supported by a16z crypto, A16Z GAMES, and NFX. This brings their total funding to $68.3 million.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Azra Games | $42.7M | October 15, 2024 | Series A | $68.3M | Pantera Capital | Gaming |
The new funding will help Azra Games accelerate its growth and advance various projects, including their flagship game, currently code-named “Project Legends.” This investment reflects the confidence investors have in Azra Games’ vision to transform the mobile RPG genre across all platforms.
Additionally, the $42.7 million will enable Azra Games to expand its global team and strategic initiatives, including the growth of Azra Labs. Led by co-founder and CTO Travis Boudreaux, Azra Labs focuses on using artificial intelligence to streamline the development of AAA mobile content by industrializing the RPG development process.
About Azra Games
Azra Games is a company dedicated to creating immersive and exciting mobile role-playing games (RPGs). Founded in 2022 and led by industry veteran Mark Otero, Azra Games aims to revolutionize the RPG genre with innovative gameplay, intense combat, and captivating storylines. Their flagship project, currently code-named “Project Legends,” is a reimagining of classic Sword & Sorcery themes set in a dark fantasy world. With a passionate team of experienced RPG developers, Azra Games is committed to delivering unforgettable gaming experiences.
Website: https://azragames.com/
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About Investor
Investor: Pantera Capital
Pantera Capital is the first U.S. institutional asset manager that focuses exclusively on blockchain technology. Since its inception in 2013, Pantera has invested in digital assets and blockchain companies, providing investors with comprehensive exposure to the space.
Location: Menlo Park, CA
Website: https://panteracapital.com/
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