SHRAPNEL Secures $19.5 Million in Funding on August 13, 2025
According to media reports, SHRAPNEL completed a $19.5 million funding round on August 13, 2025. This round saw participation from institutions including Gala Games, Griffin Gaming Partners, and Polychain Capital. Following this round, SHRAPNEL's total funding has reached $57 million.SHRAPNEL is a blockchain-based AAA first-person shooter that seamlessly integrates skill-based competition, creative modding tools, and true digital ownership. As a competitive multiplayer game, SHRAPNEL offers a comprehensive suite of user-generated content tools, merging combat, creation, strategy, and social interaction to foster a player-driven community that shapes the platform's direction.Since its inception in 2021, SHRAPNEL has consistently attracted capital market interest. The project secured its initial $10.5 million funding in November 2021, followed by a $7 million private round in April 2022, and a $20 million Series A round in October 2023. In November 2023, SHRAPNEL's token, SHRAP, began trading on major exchanges. The successful completion of this latest funding round further validates market confidence in the SHRAPNEL project and will support its continued expansion in the Web3 gaming sector.
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