PANews reported on February 4 that according to official news, GOAT Gaming, the AI gaming network on Telegram, announced the completion of a strategic financing of US$4 million, led by TON Ventures, Karatage, Amber Group, and Bitscale Capital, and participated by Framework Ventures, Mirana Ventures, Folius Ventures, Sfermion, The Spartan Group, Sanctor Capital, dune ventures, Infinity Ventures Crypto, Gate Ventures, DWeb3 Capital, Ocular VC, Play Ventures, Next Web Capital, Presto, Skycatcher, RAZER, Ancient8, Avocado DAO, KGeN, Ready Player DAO, Gabby Dizon, Grail.eth, Vader, Santiago R Santos, Colleen Sullivan, Jonathan Huang, Everblue Management, and Great South Gate. This financing brings the total financing of Mighty Bear Games, the game studio behind the game, to US$15 million.
According to reports, GOAT Gaming, created by Mighty Bear Games, is a gaming platform on Telegram that offers competitive and casual games with real cash prizes. The platform is powered by AlphaGOATs, autonomous AI agents that can compete, earn money, and grow. Its AlphaAI tool suite enables third-party developers to seamlessly publish, monetize, and expand games. Earlier in July 2022, it was reported that game studio MightyBearGames completed a $10 million financing led by Framework Ventures.
