Concept art for Avalon's Aperion.
Concept art for Avalon's Aperion.
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Avalon raises $10M to launch hybrid Web3 MMO

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

Avalon, an independent game studio working on online games and experiences, said it raise $10 million in a funding round.

The investment will be used to develop their debut eponymous title, Avalon, a next-generation massively multiplayer online game with interoperability of assets and progression between worlds designed for Web2 and Web3 gamer appeal.

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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.