# Blast Royale

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blast-royale

- Industry: Software
- Headquarters: London, UK
- Website: www.blastroyale.com
- Total disclosed funding: $5M
- Latest round: Seed (Apr 13, 2022)
- Investors on record: 10

## About

Founded in 2018 and based in London, the UK, First Light Games Ltd., dba Blast Royale, operates as a developer of a blockchain-based gaming platform for mobile, console, and PC where users can play and earn money through non-fungible tokens (NFTs). Neil Mcfarland (CEO), Anil Das-Gupta (CPO), and Matt Ryan (CTO) are the co-founders of the company. In April 2022, First Light Games Ltd. raised USD 5 million in Seed funding from Animoca Brands including Mechanism Capital, Dragonfly Capital, DeFiance Capital, Play Ventures Future Fund, Double Peak, Polygon, C² Ventures, Morningstar Ventures, DWeb3, Merit Circle, Ancient 8, and AvocadoDAO.

The company offers a blockchain-based play-to-earn platform that allows players to earn money while competing in games. The firm's game employs two tokens: the primary token blast (BLST) and the in-game P2E token of the blast royale metaverse, craft spice (CS). BLST is used to trade NFTs on the blast royale marketplace and create new NFTs, whereas CS is used to create and repair equipment.

The organization plans to use the April 2022 funding to continue to develop the game, attract top talent, and grow the game community.

## Funding rounds

- Seed, Apr 13, 2022, $5M — Complex Polygon, Inc., C2 Ventures, Dragonfly Digital Management, DeFiance Capital, Mechanism Capital, Double Peak Group, Morningstar Ventures, Dweb3 Capital, Merit Circle, Animoca Brands

## Investors

- Complex Polygon, Inc. — Seed
- C2 Ventures (https://capitalatlas.ai/funds/c2-ventures) — Seed
- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Seed
- DeFiance Capital — Seed
- Mechanism Capital (https://capitalatlas.ai/funds/mechanism-capital) — Seed
- Double Peak Group — Seed
- Morningstar Ventures (https://capitalatlas.ai/funds/morningstar-ventures) — Seed
- Dweb3 Capital (https://capitalatlas.ai/funds/dweb3-capital) — Seed
- Merit Circle (https://capitalatlas.ai/funds/merit-circle) — Seed
- Animoca Brands (https://capitalatlas.ai/funds/animoca-brands) — Seed