# P12

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/p12

- Industry: Software
- Headquarters: New York, US
- Website: www.p12.network
- Total disclosed funding: $8M
- Latest round: Seed (Jun 28, 2022)
- Investors on record: 6

## About

Founded in 2022 and based in New York, US, Project Twelve, dba P12, operates as a developer and provider of a web3 gaming platform and game creator ecosystem that has metaverse content, a set of economic and governmental rules and mechanisms implemented in EVM smart contracts. In June 2022, Project Twelve raised USD 8 million in Seed funding from MetaApp, Project Galaxy, Primavera Capital, CyberConnect, CCV Schweiz AG, and Smrti Lab. Boyang Project Twelve is the founder of the company.

The company provides the Editor, a web3 metaverse editor; the Infra, a collection of developer portals and APIs for connecting game material on-chain; and the Econs, which contain the mechanisms of swap, castdelay, meritocracy, and gamemaster. The firm's partners and investors include MetaApp, Primavera, Project Galaxy, CyberConnect, Infinity League, and more.

The organization plans to use the June 2022 funding to support the global expansion of its business reach and its products.

## Funding rounds

- Seed, Jun 28, 2022, $8M — Primavera Capital Group, MetaApp, CCV Schweiz AG, Project Galaxy, Smrti Labs, CyberConnect

## Investors

- Primavera Capital Group (https://capitalatlas.ai/funds/primavera-capital-group) — Seed
- MetaApp — Seed
- CCV Schweiz AG — Seed
- Project Galaxy — Seed
- Smrti Labs (https://capitalatlas.ai/funds/smrti-labs) — Seed
- CyberConnect — Seed
