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Beamable raises $13.5M for decentralized open source backend infrastructure for games


Beamable has raised $13.5 million in funding to develop its decentralized backend infrastructure for games.

“Bitkraft has been a leader in identifying transformative opportunities at the intersection of gaming and Web3, and this funding validates the enormous potential of the Beamable Network to revolutionize videogame infrastructure,” said Radoff. “Its proven technology and built-in demand, combined with the disruptive potential of DePIN, represents an unparalleled opportunity to enable game developers – across Web2 and Web3 – to build, grow, and thrive at scale.” So DePen is this new capital formation mechanism that allows you to create incentives for people to add compute so that you can effectively crowdsource or use the community to build the network as opposed to relying on a big company to come up with billions of dollars to do it for you.”

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