Pixion Games Raises $12.4M to scale Fableborne and grow its web3 mobile gaming ecosystem.

Pixion Games has announced a successful strategic funding round, raising $12.4 million to accelerate the development of its web3 mobile game, Fableborne. The round was led by Delphi Ventures and supported by other major web3 investors including Spartan Capital, Sky Mavis, Animoca Brands, Arete Capital, L1D, and Yield Guild Games. This influx of funding represents a significant milestone in Pixion’s journey as it works to redefine the future of mobile-first web3 gaming. The investment will be instrumental in further developing Fableborne and expanding Pixion’s Power Protocol ecosystem.

Fableborne is Pixion’s flagship title—an isometric ARPG that combines base-building mechanics with blockchain integration. With this unique combination, the game aims to create accessible, innovative gaming experiences that appeal to a wide audience. The focus on mobile is strategic; mobile gaming currently dominates the global market, generating over half of worldwide gaming revenue. In 2024, mobile in-app purchase revenue climbed to $81 billion, yet web3 gaming has so far seen limited success in this space. Pixion sees this as a key opportunity to lead a new wave of web3 gaming innovation.

The new funding will help enhance the core gameplay experience, improve game features, and prepare for the launch of $POWER, Fableborne’s native token. The token will support in-game player ownership and drive the creation of a sustainable game economy. This is part of Pixion’s larger goal to build an engaging and thriving digital ecosystem through its Power Protocol. These improvements aim to make the game not only more enjoyable but also more rewarding for its players.

Pixion’s development team consists of industry veterans from companies like Konami, Square Enix, and Ubisoft. Their combined expertise has been instrumental in bringing Fableborne to life since development began in 2020. The game has been designed to fit the lifestyle of modern players. Pixion founder and CEO Kam Punia stated, “We all know the struggle of finding the time to have satisfying gaming experiences and keeping up with the competition. Fableborne is the antidote to this—a new category of esports games that fits around your lifestyle and plays the way you want it to.”

The project has gained strong backing from some of the most respected names in blockchain gaming. Delphi Ventures leads the charge, showing strong belief in Pixion’s vision. Sky Mavis, creators of Axie Infinity, bring valuable experience from their journey in the web3 gaming world. Animoca Brands, known for their work in blockchain and NFTs, and Yield Guild Games, a play-to-earn community, also offer strategic insights and resources. These partnerships highlight a shared commitment to advancing the mobile-first web3 gaming space.

Fableborne’s design centers on asynchronous competition, allowing players to engage on their own terms. This approach, dubbed a "lunchtime esport," reflects Pixion’s goal of making web3 gaming accessible and convenient. With the success of this funding round, Pixion is now preparing for key upcoming milestones, including the rollout of the $POWER token and the next season of gameplay centered around its economy.

With continued support from industry leaders and a clear development roadmap, Pixion Games is well-positioned to shape the next era of blockchain-powered mobile gaming. The combination of strategic funding, an experienced team, and a growing web3 ecosystem suggests a strong future for Fableborne and the broader Pixion vision. As the company continues to expand and innovate, "pixion games funding" stands out as a key development to watch in the evolving gaming industry.

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