Developer of Roblox games Gamefam raises $25m in funding

Originally published on GamesIndustry.biz by Brendan Sinclair

Company behind various games and brand experiences says it has used the money to grow its team past 100 people

Share this article

Gamefam today announced that it has closed a $25 million Series A funding round to further its development ambitions on “metaverse platforms” like Roblox and Minecraft.

The funding was led by Konvoy Ventures with additional participation from Play Ventures, Makers Fund, Bessemer Venture Partners and Galaxy Interactive.

The studio said it has already used the funding to grow its team to more than 100 people, and is looking to work with more brands in partnerships on user-generated content platforms.

Founded in 2019,

Continue reading article by clicking here...