Enjinstarter Raises $3M in Funding

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Enjinstarter is a Singapore-based Launchpad to Enjin and other GameFi or Metaverse Blockchain Ecosystems. It has raised $3m in funding.

True Global Ventures (TGV Plus) led the round.

The company plans to use the funds for expansion and expansion into new business verticals, such as Venture Building, Game Publishing, Metaverse Innovation Consulting and Game Publishing.

Prakash Somosundram is the CEO and co-founder of Enjinstarter. It’s a Blockchain Gaming and Metaverse entertainment launchpad that specializes in Initial DEX Offerings and Initial NFT Offerings. It was launched in October 2021 and has helped over 30 projects launch and raised more than USD$3M through their platform. Enjinstarter supported notable projects such as PathDao, The Killbox, and Defina.

The company issues tokens and also assists game developers in innovative ways to raise capital or fund their projects through the sale of virtual items like NFTs. Incubation programs are offered by the platform, which is supported by an accredited network of partners to offer projects end-to-end support in developing sustainable strategies and launching campaigns.

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