Blockchain gaming startup Azra Games announced that they have raised $15 million in a seed funding round led by Andreessen Horowitz (a16z), with participation from NFX, Coinbase Ventures, Play Ventures, and Franklin Templeton. Azra Games was founded by Mark Otero, former general manager of Electronic Arts.
“Mark Otero is a seasoned game director who was at the forefront of mobile free-to-play games with the hit franchise Star Wars: Galaxy of Heroes,” said Jonathan Lai, General Partner at a16z. “We’re excited to partner with Mark and the Azra team as they apply their expertise to web3 games in creating new types of gameplay and economy design.”
The company says Azra Games will use the new funds to build out its first game: Project Arcanas, a sci-fi RPG which will feature Web 3 technology.
(All information was provided by The Block)