# Moonveil Entertainment

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/moonveil-entertainment

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.moonveil.gg
- Total disclosed funding: $5.4M
- Latest round: Seed (Oct 27, 2023)
- Investors on record: 5

## About

Based in California, US, and founded in 2022 by Chief Executive Officer M.J. Wong, Moonveil Entertainment operates as a web3 gaming studio-based company providing mobile and computer-based games for players to play digitally. As of January 2024, the company operates in stealth mode. In August 2024, Moonveil Entertainment raised an undisclosed amount of pre-series A funding led by new investor Spartan Group, with participation from returning investor gumi Cryptos Capital. Other new investors HashKey Capital, Animoca Ventures, Hivemind Ventures, and Mask Network also participated in the round. The round was part of a larger USD 9 million pre-series A funding.

Moonveil Entertainment develops Astrark, which is a blockchain-based tower defense mobile game for players, and Project B, which is a multiplayer strategy game. The company offers blockchain-based games that allow users to earn rewards based on staked tokens and NFTs. In addition, the firm provides an NFT ecosystem and loyalty programs for players.

## Funding rounds

- Seed, Oct 27, 2023, $5.4M — Gumi Cryptos Capital, LongHash Ventures, IOSG Ventures, Infinity Ventures Crypto, Arcane Group

## Investors

- Gumi Cryptos Capital (https://capitalatlas.ai/funds/gumi-cryptos-capital) — Seed
- LongHash Ventures (https://capitalatlas.ai/funds/longhash-ventures) — Seed
- IOSG Ventures (https://capitalatlas.ai/funds/iosg-ventures) — Seed
- Infinity Ventures Crypto (https://capitalatlas.ai/funds/infinity-ventures-crypto) — Seed
- Arcane Group (https://capitalatlas.ai/funds/arcane-group) — Seed
