Singaporean Mighty Bear Games raises $10 million in funding

Oluwajuwonlo Afolabi -

Singapore-based game development studio, Mighty Bear Games has raised $10 million in its new funding round led by Framework Ventures with participation from other investors.

  • The fund will be used to accelerate the game-based firm's growth and expand its operations.
  • Mighty Bear builds next-generation mobile-first games and has recently announced a web3 game, Mighty Action Heroes, powered by polygon and slated for launch later this year.
  • The firm will receive support from Polygon Studios in form of funding, marketing, technical advice, strategy, and ecosystem basis.
  • Mirana, Sfermion, Dune Ventures, Sanctor Capital, Folius Ventures, Polygon, Play Future Fund, Everblue, Ancient8, Ready Player DAO, Racer Avocado DAO, and DWeb3 participated in the round.