ArenaX Labs Secures $6m

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News/ArenaX Labs Secures $6m







ArenaX Labs Secures $6m
ArenaX Labs Secures $6m

Business Investments

09 January 2024 17:41

ArenaX Labs secured $6m investment. The company aims to create a PvP platform fighter with the funding. The funding round was led by Framework Ventures. The funders include SevenX Ventures, FunPlus / Xterio and Moore Strategic Ventures. ArenaX Labs officials stated "One of the reasons we built the company was to give people who are really good at AI an opportunity to monetize their talent they might not otherwise have… This will give so many great opportunities to researchers because they can build models and prove they’re better than others, because our game is a competition.”

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Dante Uzel
Esports & Gaming Journalist
Dante Uzel is an esports and gaming news journalist with eight years covering the industry. His work has appeared in publications including Game Life and The Game Post, and he currently reports for TwogNews and TwogPedia.