Beamable Secures $13.5 Million to Revolutionize Gaming Infrastructure
Beamable has successfully raised $13.5 million in a Series A funding round led by BITKRAFT Ventures, aimed at advancing the Beamable Network, a Decentralized Physical Infrastructure Network (DePIN) specifically designed for gaming. This significant investment is poised to transform the backend infrastructure for games, moving away from centralized hyperscalers towards a decentralized, community-driven model. The funding will enable Beamable to redefine how developers approach infrastructure, providing them with the tools needed to build more efficient and scalable gaming experiences.
The Beamable Network is anticipated to rank among the top 10 DePIN projects globally upon its launch, fueled by the increasing demand from games that are already utilizing Beamable’s innovative technology. By decentralizing essential resources such as computing power, storage, and network bandwidth, the network promises developers enhanced scalability, cost efficiency, and resilience. Furthermore, the establishment of the Beamable Foundation will facilitate open-source development and the creation of a tokenized protocol, offering developers a robust alternative to conventional cloud service providers.
The funding round attracted notable investors including Arca, Advancit Capital, 2Punks, P2 Ventures, Solana Foundation, Scytale Digital, defy.vc, GrandBanks Capital, and Permit Ventures. Carlos Pereira, General Partner at BITKRAFT Ventures, highlighted the potential of Beamable to set a new standard for decentralized infrastructure in gaming. He noted that the combination of proven technology and the disruptive nature of DePIN presents a unique opportunity for game developers in both Web2 and Web3 environments. This funding will empower Beamable to continue delivering cutting-edge infrastructure solutions, paving the way for a new era in decentralized gaming.