81 Ravens has raised $4.5 million
81 Ravens has raised $4.5 million
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81Ravens raises $4.5M for Paravox Web3 arena shooter

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

81Ravens, a Web3 game studio behind the free-to-play 3v3 arena shooter Paravox, said it has raised $4.5 million in funding.

Digital Hearts Holdings and Gree Ventures led the funding for the Web3 game company. The funding will support the continued development and marketing of Paravox, which will launch on the Solana blockchain. The deal shows there is still life behind Web3 games targeting hardcore gamers.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.