# Xterio Foundation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xterio-foundation

- Industry: Software
- Headquarters: Switzerland
- Website: www.xter.io
- Total disclosed funding: $10M
- Latest round: Seed (Feb 15, 2024)
- Investors on record: 5

## About

Established in 2022 and based in Switzerland, Xterio Labs Limited, trading under the name Xterio Foundation, operates as a software company. The company was founded by its COO, Jeremy Horn. In January 2025, Xterio Foundation raised USD 80 million in venture funding from new investor DST Global, with participation from returning investors Binance Labs and Makers Fund.

Xterio develops, publishes, and offers IPs and games, including Web3 games and free-to-play games, through its blockchain technology. The company also offers a platform called GameFi-as-a-service (GaaS) that allows users to play a variety of free games and receive rewards, including game tokens, on a computer or mobile device.

## Funding rounds

- Seed, Feb 15, 2024, $10M — Hashed Ventures, HashKey Capital, Sanctor Capital, Big Brain Holdings, Spartan Group

## Investors

- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Seed
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Seed
- Sanctor Capital — Seed
- Big Brain Holdings (https://capitalatlas.ai/funds/big-brain-holdings) — Seed
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Seed