Web3 Gaming Company Saltwater Raises $5.5M Seed Funding
Summary
Web3 gaming company Saltwater Games has secured $5.5 million in seed funding. The funding round was led by crypto investment firms Deus X and Fourth Revolution Capital. The company recently acquired gaming developers Maze Theory, Nexus Labs, and Quantum Interactive. As part of the deal, Tim Grant, CEO of Deus X, will become Saltwater's chairman. The funds will be used to increase headcount, invest in new technology, and expand operations into new territories.
