TechFlow news, Nefta, a Web3 gaming and entertainment infrastructure company, has announced the completion of a $5 million seed funding round led by Play Ventures, with participation from Polygon Ventures, SevenX Ventures, and Sfermion Picus Capital, at a valuation of $32.5 million.
Nefta aims to provide tools for companies entering and growing in the Web3 space, including custom APIs, software development kits, and white-label services to help businesses integrate digital assets, multi-chain wallets, and customized marketplaces. Over the past eight months, Nefta's valuation has increased by 225%.
Previous reports indicated that in June last year, Nefta raised $1 million from Picus Capital at a $10 million valuation. Original link
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