Ocular backs Mighty Bear Games in US $10M fundraising round 

Jul 28, 2022  •  Written by Amy Zhao

A message from Simon Davis, Mighty Bear Games, CEO: 

We’ve been heads down in stealth mode for a bit, but it’s finally time to announce our new game, Mighty Action Heroes & our latest fundraise! Our US$10m fundraising round has been led by Framework Ventures, and includes additional investment from Mirana, Sfermion, Spartan, Dune Ventures, Sanctor Capital, Folius Ventures, Ocular, Polygon, Play Future Fund, Everblue, Ancient8, Ready Player DAO, Razer, Avocado DAO, DWeb3, Great South Gate, mrblock and more. “At Mighty Bear, we believe first and foremost, in games being fun. web3 is already here, but in many ways, its games are lagging behind — lacking the imaginative gameplay and polish the wider gaming community has come to expect. Many existing blockchain games feel like work, with players grinding away at often dull and unrewarding gameplay in exchange for financial gain, but it doesn’t have to be that way.Our approach to Mighty Bear Games’ blockchain division is and always will be games-first and fun-focused, with ways for players to own assets and earn from them built naturally into the game experience. We’re proud to be backed by such a stellar line-up of investors who have the conviction and foresight to be supporting teams in this ‘bear’ market. They truly are the ‘mighty’ ones.”

*First published on Medium, Mary-Anne Lee