Azra Games has raised $42.7 million in a new funding round.

Azra Games raises $42.7M for next-generation mobile RPG with Web3 features

Azra Games has defied the funding gods and raised $42.7 million in funding to accelerate development of its Project Legends mobile role-playing game.

The Web3-based game has been in the works roughly since Mark Otero, CEO and a veteran entrepreneur, founded the company in January 2022.

In interview with GamesBeat, Otero said the company’s energies in creating its RPG are focused on providing thrilling gameplay, visceral combat, and immersive storylines.

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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.