Sonic, a Layer 2 network dedicated to gaming within the Solana ecosystem, has successfully raised $12 million in a Series A funding round. Led by Bitkraft Ventures and supported by Galaxy Interactive and Big Brain Holdings, among others, this investment brings Sonic's fully diluted valuation to $100 million. As part of the agreement, Bitkraft has joined Sonic's board of directors, further solidifying their commitment to the project.

This funding round marks a significant milestone for Sonic, bringing their total funding to $16 million. The company had previously secured $4 million in seed funding in 2022, demonstrating the growing confidence in their vision. With this investment, Sonic is well-positioned to further develop their gaming platform, enhancing the experience for users and solidifying their position within the Solana ecosystem.

Sonic's Layer 2 network is designed to provide fast and low-cost transactions, making it an attractive solution for gamers and developers alike. By leveraging the Solana ecosystem, Sonic aims to create a seamless and engaging gaming experience, pushing the boundaries of what is possible in the world of blockchain gaming.

The involvement of Bitkraft Ventures, a leading investor in the gaming and esports industry, highlights the potential of Sonic's technology. With their expertise and support, Sonic is poised to make a significant impact in the gaming space, driving innovation and adoption.

As Sonic continues to grow and evolve, their commitment to enhancing the gaming experience remains at the forefront. With this Series A funding, they are well-equipped to drive progress and shape the future of blockchain gaming.