Tevaera, a platform for Web3 games, has secured $5 million in funding. The investment round was led by Laser Digital, the digital asset business of Nomura Group, with several other prominent investors participating.

Joining Laser Digital in the funding round were Hashkey Capital, Fenbushi Capital, Faculty Group, Crypto.com Capital, Cogitent Ventures, Selini Capital, DWF Labs, Morningstar Ventures, DCF God, Momentum6, GBV Capital, Mapleblock Capital, GD10 Capital, Aquanow, and Coinswitch, among others.

According to Tevaera's announcement on its updated website, the company is working towards creating a "one-stop platform for gamers and developers" in the Web3 space. By prioritizing game IP first, Tevaera aims to identify and address issues within the Web3 gaming infrastructure.

The platform, which has been under development for over two years, celebrated its public launch last year with the release of its first Web3 game, "Teva Run." Since then, the Tevaera gaming ecosystem has witnessed rapid growth, attracting over 850,000 soulbound gamers from more than 100 countries.

At the heart of the Tevaera ecosystem is the Teva Market, an all-inclusive gaming marketplace, and Guardian NFTs, which power the platform's Web3 gaming experiences.

Jez Mohideen, CEO of Laser Digital, Nomura Group, expressed his company's excitement about supporting Tevaera's journey, stating: "Supporting Tevaera in its journey to unlock the next era of web3 games through a comprehensive, one-stop platform is an exciting opportunity. We have faith that ZK and on-chain-powered gaming will benefit from this strategic investment."

Robin Babu and Gav Negi, co-founders of Tevaera, expressed their gratitude for the funding and the overwhelming support from the community and partners. "This funding not only validates our vision but also empowers us to set a new industry standard for building, launching, and playing multi-genre web3 games," they said.

With the influx of funds, Tevaera plans to develop two additional games, further expanding its Web3 gaming ecosystem. The company's decentralized layer-3 chain on zkSync is facilitating the development of permissionless Web3 gaming experiences.

As the Web3 gaming industry continues to gain traction, platforms like Tevaera are paving the way for a new era of immersive and decentralized gaming experiences. With the support of prominent investors and a rapidly growing community, Tevaera is well-positioned to drive innovation and shape the future of Web3 gaming.