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Venture Capital News: Balance Launches With $30M

2024-09-06
LOS ANGELES, CA, E-PAL has launched Balance with $30 million in financing.
E-PAL, the world's leading gaming and social companion platform, has officially unveiled Balance, its new AI-powered blockchain experience platform, following two successful funding rounds led by Andreessen Horowitz (a16z) and Galaxy Interactive. The funding rounds also received support from prominent investors, such as Animoca Brands, K5, CLF Partners, MBK Capital, New Heights Fund, AMBER, MarbleX, Sky Mantra, Tuna, Aptos Labs, IOBC, Leland, Halcyon Capital, Uphonest, Taisu Ventures, Gate Labs, DWF Ventures, BING, WAGMI, YouTube co-founder Steve Chen, Riot Games CEO Marc Merrill, and League of Legends Director Thomas Vu, bringing E-PAL's total funding to $30 million.

Founded in March 2020, E-PAL has rapidly become the leading gaming companion platform, with 4.2 million users and 450,000 active companions (EPALs). Leveraging its extensive network and expertise, E-PAL introduced its flagship platform, Balance.fun, designed to serve both Web2 and Web3 game companies. Balance.fun has already partnered with over 80 Web3 game companies, making E-PAL the only gaming platform to collaborate extensively across both segments, supporting more than 150 games worldwide.
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