Playable Worlds Raises $10M for the Creation of its Cloud-Native Sandbox MMO
Summary
“The support from Galaxy Interactive and BITKRAFT enables us to hire staff and push the boundaries of what an online world can be, reinforced by best practices for persistence, engagement, and retention to build a game that lasts.” Playable Worlds is developing cloud technology that delivers richer simulations, more regular content releases, and stronger communities. “Raph’s vision and demonstrated ability to give players a compelling sandbox for the expression of their digital identities makes him exactly the sort of founder that we look to back,” said Galaxy Interactive Managing Partner, Sam Englebardt. “Through our partnership with Block.one via the Galaxy EOS VC Fund, weve been focused on enabling the next wave of interactive entertainment by making investments in cloud-native content and infrastructure such as blockchain that we believe will ultimately lay the foundation for the metaverse. There are few that know the MMO space like Raph and we’re thrilled to be backing him and his exceptional team.” For additional information, and to see currently open positions at Playable Worlds, please visit . Other recent investments include Mythical Games, Genvid, N3twork, High Fidelity, Immutable, Dazzle Rocks, Tempo Storm, Current, Good Money and many others.