# Smelt Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smelt-technologies

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.lootrush.com
- Total disclosed funding: $10M
- Latest round: Series A (May 5, 2022)
- Investors on record: 3

## About

Based in California, US, and founded in 2021, headed by Anderson Ferminiano (CEO), Smelt Technologies Inc. trading under the name LootRush turning the crypto games friendly, affordable, and enjoyable for all gamers. In May 2022, Smelt Technologies Inc. raised USD 12 million in seed funding led by new investor Paradigm, with participation from other new investors Andreessen Horowitz and Y Combinator.

The firm provides a Web3 videogame platform that allows players to access and share the assets they need to play crypto games. It enables gamers to own the NFTs and find the players and hence eliminates the entry barriers.

## Funding rounds

- Series A, May 5, 2022, $10M — Andreessen Horowitz, Y Combinator, Paradigm

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- Paradigm (https://capitalatlas.ai/funds/paradigm) — Series A