August 09, 2024
Televerse, an innovative mini-game network on the TON blockchain, has completed a US$1 million seed funding round. The financing was led by Summer Capital and included contributions from Awakening Ventures, PrecisionEdge Capital, and Manta Network, with angel investor Victor Ji also participating.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
---|---|---|---|---|---|
Televerse | $1M | August 9, 2024 | Seed Round | Summer Capital | Gaming |
Additionally, Televerse received incubation support from the Cyberport Creative Micro Fund (CCMF). The new funding will be used to expand the engineering team, enhance platform capabilities, and drive user growth within the TON ecosystem.
About Televerse
Televerse is an innovative mini-game network built on the TON blockchain. Recently, it completed a US$1 million seed funding round led by Summer Capital, with contributions from Awakening Ventures, PrecisionEdge Capital, and Manta Network, and angel investor Victor Ji. The company has also received incubation support from the Cyberport Creative Micro Fund (CCMF). Televerse plans to use the new funding to expand its engineering team, enhance platform capabilities, and drive user growth within the TON ecosystem.
Website: https://www.televerse.xyz/
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About Investor
Investor: Summer Capital
Summer Capital is an investment management company that focuses on early and growth-stage companies in sectors like fintech, blockchain infrastructure, consumption technology, and healthcare. Founded by seasoned financial professionals, the firm is dedicated to investing in the "new economy" and supporting innovative ventures. Summer Capital is known for its strategic investments and active involvement in mentoring and guiding entrepreneurs.
Location: Hong Kong
Website: https://www.summer-cap.com/
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A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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