Horizon Blockchain Games (Horizon) is a Toronto-based startup at the forefront of developing the Web3 gaming world. Founded in 2017, Horizon aims to make the complex ecosystem of cryptocurrency, non-fungible tokens (NFTs) and virtual real estate accessible to everyday gamers.
Betakit reports that Horizon recently closed its Series A financing round, having raised USD$40 million from a broad group of investors led by Brevan Howard Digital and Morgan Creek Digital. The investor group also included the likes of Shopify CEO Tobias (Tobi) Lutke and more traditional gaming companies like Ubisoft Entertainment, among others.
Horizon was previously working off of $13.3 million in seed financing. This new injection of capital is set to help the company grow Sequence, its all-in-one developer platform and smart wallet for building Web3 games and applications. Horizon hopes to continue differentiating itself from the rest of the Web3 gaming market by focusing on user experience rather than, as Horizon describes its competition, being “financial tools masquerading as a game.”
Students from Concordia University’s Gina Cody School of Engineering and Computer Science recently launched “Starsailor,” a rocket that a team of over 700 members developed over the past seven years…
4AG Robotics, a British Columbia-based start-up that uses robots to harvest commercially grown mushrooms, has received a C$40 million venture capital investment to further develop its fungi-focused…
With the increasing threat wildfires pose to the safety, health and economic wellbeing of Canadians and ecosystems across the country, the federal government has established the Wildfire Resilience…
With many Canadians lacking a will, Trusty, a Toronto-based startup, aims to revolutionize estate planning by leveraging artificial intelligence (“AI”) and technology. Founder Randy Frisch created the…
Pronto.ai Inc. (“Pronto”), a San Francisco-based startup specializing in autonomous haulage systems, announced its acquisition of SafeAI Inc. (“SafeAI”), a leader in safety-driven autonomous haulage…
Over the past two years, the team at NordSpace – a Canadian company based in Markham – has been working to develop a rocket with the goal of achieving the first commercial rocket launch from…
