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Pixelmon raises $8M as it seeks redemption for its ambitious Web3 games


Pixelmon has raised $8 million in seed investment for a series of Web3 games. In doing so, the company says it is on the path to redemption in games.

The original Pixelmon art wasn’t impressive.As an example of the redemption, the company has major credible Web3 investors supporting its progress now, said Giulio Xiloyannis, CEO of LiquidX, who spoke with GamesBeat a year ago and again this week in interviews. The ecosystem has shown massive resilience in accumulating its early battle scars and lore, and we believe the team led by Giulio is strongly positioned to show the world what IP forged in the fiery flames of crypto is capable of,” said Piers Kicks, founding partner at Delphi Ventures, in a statement. Pixelmon trainers are companions for creatures.Pixelmon plans to grow its decentralized IP across verticals including merchandise, trading card games (TCG), animated series, comic books, and more, via franchises, sublicenses and joint ventures.

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