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Param Labs raises $7M to fund gaming ecosystem development
Param Labs announced it's raised $7 million in its latest funding round to fund its modular gaming ecosystem.
Param Laboratory announced today that it has raised $7 million in its latest funding round, which is going towards developing its modular gaming ecosystem. Param Labs also recently hired Steve Young, formerly Activision Blizzard’s consumer products head, as a strategic advisor. Yat Siu, co-founder and executive chairman of Animoca Brands, said in a statement, “We’re excited to partner with Param Labs to advance digital property rights in gaming, bringing us a step closer to realizing the vision of the truly open metaverse.
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