"MADWORLD" development studio has completed a Series A financing round of 11 million US dollars, with A16Z participating in the investment.

NFT shooting game "MADWORLD" development studio CARBONATED INC announced the completion of a $11 million Series A financing round. The round was led by Korean gaming giant COM2US, with participation from ANDREESSEN HOROWITZ (A16Z), BITKRAFT VENTURES, CYPHER CAPITAL, BLOCORE, GOAL VENTURES, and WAGMI VENTURES. MADWORLD is set to be officially launched at some point in 2024. The studio previously raised $8.5 million in 2020, with A16Z and BITKRAFT VENTURES also being investors in that round.