Solana-Based Gaming Receives $24M in Funding

UnCaged Studios, the developer of MonkeyLeague, one of the Solana-based games, has received $ 24 million in funding.

Griffin Gaming Partners made the biggest contribution to the Series A investment round organized by UnCaged Studios, while Maverick Ventures Israel, Drive by DraftKings, Vgames and 6th Man Ventures were among the contributors.

According to the statements made by UnCaged Studios, headquartered in Israel, Griffin Gaming’s general manager, Nick Tuosto, joined UnCaged’s board of directors after receiving the funding.

UnCaged was founded last year by Tal Friedman and his brother Raz Friedman. The duo previously worked for Playtika, an Israel-based game company.

UnCaged is Solana-based and a play-to-earn He is the developer of the game MonkeyLeague. According to the company’s statements, in the game More than 4,000 NFT owners and More than 330 thousand social media followers there is.

UnCaged plans to use this funding to both improve MonkeyLeague and develop new games.

The company, which currently has 38 employees, continues its search for new employees actively.

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