On February 2nd, Voldex announced it raised $3 million in a recently held funding round. According to VentureBeat, the company plans on using this money to expand its rosters of augmented reality games while making improvements to its current library.
Dune Ventures led the funding round. Additional participation came from Makers Fund, POW! Interactive, and other investors.
“We know what we’re doing when it comes to UGC gaming, and they think the people who are going to disrupt this space are going to be people who are native to the space… It’s most likely going to be someone who was in it for many years versus an outsider,” said CEO Alexandre Singer.
Voldex is a company that allows for the creation of user-generated content on the Minecraft and Roblox platforms. Some of its most famous games are Pet Zoo, Encounters, Base Battles, and Cursed Islands. The organization’s next two releases are Galaxy Kings and Tower Defense.
(All information was provided by VentureBeat)
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