TechFlow news — Nyan Heroes, a AAA Play-And-Earn game built on the Solana blockchain, today announced it has raised $7.5 million in a strategic funding round at a $100 million valuation. The round was backed by Kosmos Ventures, Sino Global Capital, Shima Capital, Petrock Capital, Morningstar Ventures, 32-bit Ventures, Crypto.com, Tess Ventures, Master Ventures, Wave7, Ancient8, Drops Ventures, Andromeda Capital, Salad Ventures, Moonchain Capital, Snackclub, Joel Madden, A$AP Lou, Arnold Poernomo, DataDash, CryptoLark, CAGYJAN, Sol Legend, and Koroush.
The newly raised funds will be used to expand the team, hiring new artists, designers, engineers, and community managers. A portion of the capital will also cover various infrastructure costs, including licenses, hardware, and outsourcing. Additionally, Nyan Heroes plans to launch an alpha version of the game by the end of 2022.
Nyan Heroes is a third-person shooter game similar to Fortnite. Earlier reports indicated that in November last year, Nyan Heroes secured a $2 million seed round led by Three Arrows Capital.
