Planetarium Labs raises $32M in Series A funding

Planetarium Labs has raised $32 million off a Series A funding round, led by Animoca Brands. Krust Universe, WeMade, and Samsung Next also joined the funding in the hopes of laying the groundwork for a generation of community powered and governed Web3 games.

Planetarium Labs is aiming to become a pioneer of open-source, decentralized blockchain games. The company is building a gaming ecosystem based on Libplanet blockchain technology. Its goal with the choice is to allow players to participate in the game network and offer the chance to play a major role in the open-source content development.