Digital Insight Games was started by Jon Van Caneghem and Jack Sheng.

Might & Magic creator raises $7.5M for original blockchain games

Digital Insight Games has raised $7.5 million to make original blockchain games. It is being led by Jon Van Caneghem, the creator of Might & Magic and the Heroes of Might & Magic.

Hivemind Capital and Griffin Gaming Partners led the investment in the Los Angeles company, which was cofounded by former Tencent exec Jack Sheng. Sheng and Van Caneghem are serving as co-CEOs.

They aren’t saying what they’re making yet, but Van Caneghem said that they hope to be a pioneer of web 3 and blockchain technology used in fun and original games.

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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.