NPC Labs says it has raised $18 million in Seed funding led by Pantera Capital – a VC that is very active in the blockchain sector.
To date, NPC Labs reports having raised $21 million which includes pre-seed dollars.
Other investors in the round include Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle EcoFund.
NPC Labs is a venture that seeks to boost the development of gaming onchain. The company is a “core contributor” to B3.fun, which is built on Coinbase’s L2 network, Base.
NPC Labs co-founder and CEO Daryl Xu says that game developers are beholden to publishers, who determine which games are worthy. At the same time, developers give up 70% of the proceeds to publishers, who can determine whether to promote or pull the product.
“Our mission here is simple,” says Xu. “We want to help build fun games for the mom in Nebraska while making it dead simple for developers to benefit from being onchain. In other words, we’re placing control back in the hands of game developers and gamers.”
Viktoriya Hying, NPC Labs co-founder & COO, claims that every gamer just wants one place to game and B3 is that console as well as the ecosystem that solves issues by running onchain.
Currently, in testnet, B3 initially supports games built on Ethereum, Base, and other EVM chains.