SAN FRANCISCO, CA, Metatheory, a technology-driven entertainment company founded by Twitch co-founder Kevin Lin, announced a $24 million Series A Round led by Andreessen Horowitz, with cryptocurrency firms Pantera Capital and FTX Ventures participating in the round, in addition to Breyer Capital, Merit Circle, Recharge Thematic Ventures, Dragonfly Capital Partners, Daedalus, Sfermion, and Global Coin Research.

Founded in 2021, Metatheory is a technology-driven entertainment company building Web3 games and virtual worlds imagined across innovative new story franchise IPs. The company was founded by successful serial gaming and tech entrepreneurs including Twitch Co-Founder Kevin Lin, joined by co-founders David Barthwell and JT Gleason. Founding members include Art Director Darren Geers, COO Adam Bao, VP of Game Development Nick Fotheringam, Nelson Wang, and three-time Emmy winning producer Bernie Su.