# Nefta

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nefta

- Industry: Software
- Headquarters: Tallinn, Estonia
- Website: www.nefta.io
- Total disclosed funding: $5M
- Latest round: Seed (Feb 16, 2023)
- Investors on record: 6

## About

Based in Tallinn, Estonia, and founded by Geeshan Willink (CEO) and others in 2022, Nefta Holdings operates as a Web3 technology platform that offers a web3 toolbox for the games industry. In February 2023, Nefta raised USD 5 million in seed funding led by new investor Play Ventures, with participation from returning investors MZ, Picus Capital, Polygon Ventures, SevenX Ventures, and Sfermion. The firm’s clients and partners include Viker, Moon Gaming, HAQQ, Gami, Azur Games, Unity, etc. 

The firm offers end-to-end solutions including a Web3 development toolkit and white-label solutions for companies to build, launch and grow Web3 games, music, art, and digital entities in the metaverse. The platform enables developers to build Web3 applications that offer distributed ownership and in-game micropurchases and scale Web3 ecosystems.

The company intends to use the February 2023 funding for business expansion and development.

## Funding rounds

- Seed, Feb 16, 2023, $5M — Picus Capital, Play Ventures, Sfermion, SevenX Ventures, Westbourne River Partners, MZ

## Investors

- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Seed
- Play Ventures (https://capitalatlas.ai/funds/play-ventures) — Seed
- Sfermion (https://capitalatlas.ai/funds/sfermion) — Seed
- SevenX Ventures (https://capitalatlas.ai/funds/sevenx-ventures) — Seed
- Westbourne River Partners (https://capitalatlas.ai/funds/westbourne-river-partners) — Seed
- MZ — Seed