Odaily Planet Daily News Dubai blockchain cloud gaming infrastructure company The Game Company (TCG) has completed a $10 million equity and token round of financing, with Telcoin and its CEO Paul Neuner, BullPerks, NodeMarket, HyperCycle and Singularity DAO participating.
The company said that in the past two years it has built a platform that can be used to play any game on any device in the world through a PC or console, and uses its proprietary ultra-low latency cloud technology to provide high-performance games. The Game Company has piloted the system with several early adopters. In September 2024, TGC announced a strategic partnership with Aethir, a GPU-based decentralized computing infrastructure provider. It has since joined Google and Microsoft's startup programs.
The company said its goal is to deploy its native token and publicly launch the product later this year. The new funds will be used to enhance the platform and integrate Web3 and Web2 ecosystems.
TGC raised $5 million in April 2023, with a post-money valuation of $40 million, and also raised $7.5 million through token sales. (Venture Beat)
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