Singapore-based Web3 game development company Saakuru Labs has partnered with MemeCore to launch a $10 million incubation fund aimed at promoting the development of the Web3 gaming industry.

Odaily Planet Daily reported that Singaporean Web3 game development company and L2 protocol Saakuru's developer, Saakuru Labs, announced a joint launch of a $10 million incubation fund with the meme coin community platform MemeCore, aimed at promoting the development of the Web3 gaming industry. The fund plans to invest in and acquire communities and games, incorporating projects into the Saakuru and MemeCore ecosystems.

Previously, Saakuru Labs secured $2.40 million in private placement investment in April this year, led by Based VC and ARC Community. They also established a strategic partnership with Animoca Brands.

Singapore-based Web3 game development company Saakuru Labs has partnered with MemeCore to launch a $10 million incubation fund.