# The Red Village

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-red-village

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.theredvillage.com
- Total disclosed funding: $6.5M
- Latest round: Seed (Jun 3, 2022)
- Investors on record: 21

## About

Based in Sydney, Australia, The Red Village, operates as a manufacturer and an online platform for blockchain gaming that enables users to play dark fantasy games and earn. In June 2022, The Red Village raised USD 6.5 million in seed funding led by new investors Animoca Brands and GameFi Ventures, with participation from other new investors Kucoin Ventures, JellyC, Sfermion, Polygon Studios, Metavest, SL2 Capital, Dweb3, Spark Capital, Fundamental Labs, OIG Capital, MEXC, IQ Protocol, Rendezvous Equity, Paribu Ventures, CGU, Lucid Blue, DuckDAO, Pylon Labs, and Vendetta Capital.

The company operates as a blockchain game developer. Its flagship product is The Red Village, a dark-fantasy game in the metaverse. The game has a  partnership with Blowfish Studios, a gaming industry veteran.

The company generated revenue from blockchain games, which sold out NFT sales in late 2021 and early 2022, bringing over 1100 ETH, and trading 3000 ETH on secondary.

The company will use the funding raised in 2022 to create an immersive dark-fantasy ecosystem targeted at traditional gamers.

## Funding rounds

- Seed, Jun 3, 2022, $6.5M — Spark Capital, Fundamental labs, Vendetta Capital, Sfermion, SL2 Capital, DuckDAO, MEXC Global Ltd., Polygon Studios, LucidBlue Ventures, Dweb3 Capital, Animoca Brands, Metavest Capital, OIG Capital, KuCoin Ventures, GameFi Ventures, JellyC, IQ Protocol, Rendezvous Equity, Paribu Ventures, CGU, Pylon Labs

## Investors

- Spark Capital — Seed
- Fundamental labs — Seed
- Vendetta Capital (https://capitalatlas.ai/funds/vendetta-capital) — Seed
- Sfermion (https://capitalatlas.ai/funds/sfermion) — Seed
- SL2 Capital (https://capitalatlas.ai/funds/sl2-capital) — Seed
- DuckDAO — Seed
- MEXC Global Ltd. — Seed
- Polygon Studios (https://capitalatlas.ai/funds/polygon-studios) — Seed
- LucidBlue Ventures — Seed
- Dweb3 Capital (https://capitalatlas.ai/funds/dweb3-capital) — Seed
- Animoca Brands (https://capitalatlas.ai/funds/animoca-brands) — Seed
- Metavest Capital (https://capitalatlas.ai/funds/metavest-capital) — Seed
- OIG Capital — Seed
- KuCoin Ventures (https://capitalatlas.ai/funds/kucoin-ventures) — Seed
- GameFi Ventures (https://capitalatlas.ai/funds/gamefi-ventures) — Seed
- JellyC — Seed
- IQ Protocol — Seed
- Rendezvous Equity — Seed
- Paribu Ventures (https://capitalatlas.ai/funds/paribu-ventures) — Seed
- CGU — Seed
- Pylon Labs — Seed