ArenaX Labs secures a $6 million funding round led by Framework Ventures to accelerate the development of AI Arena, an innovative game focusing on AI education.
AI Arena, a player-versus-player battle game, allows human players to collect and train AI-powered characters in fighting strategies without the need for coding skills.
The Web3 version of AI Arena will enable players to compete for rewards, enhancing the gaming experience and engagement.
Notable participants in the funding round include SevenX Ventures, FunPlus / Xterio, and Moore Strategic Ventures, showcasing strong support for ArenaX's vision.
AI characters' autonomy in battles reflects the creators' skills, with the game serving as an educational tool to teach AI development in an accessible and enjoyable manner.
ArenaX Labs CEO Brandon Da Silva emphasizes the game's role in advancing the fusion of technology and education, making AI learning accessible to a broader audience.
Framework Ventures co-founder Michael Anderson praises ArenaX's innovative approach to consumer AI, noting their commitment to supporting the team's unique vision.
The successful funding round follows ArenaX Labs' $5 million seed round led by Paradigm in October 2021, highlighting sustained investor confidence in the company's direction and products.