ArenaX Labs Raises $6M to Fund AI Powered Games

ArenaX Labs Raises $6M to Fund AI Powered Games

ArenaX Labs secured $6 million for its AI powered games like AI Arena, an innovative AI-powered character game that will launch on Arbitrum mainnet. 

The Deets

  • Funding led by Framework Ventures
  • AI Arena: Players train AI characters for PVP battles
  • No coding skills required, free to play
  • Beta launch on Arbitrum mainnet in early 2024

The Bulk

ArenaX Labs successfully raised $6 million in funding led by Framework Ventures with participation from Xterio and others. 

The investment is set to propel the development of AI Arena, a game in which human players collect and train AI-powered characters. These characters, unique in their abilities and strategies, engage in player-versus-player (PVP) battles, reminiscent of popular games like Super Smash Bros.

AI Arena also allows players to train their characters, who then fight autonomously in battles. This approach offers a hands-on learning experience about AI, but no coding or sophisticated technical skills are required. The game is set to be free to play, with a web3 version offering competitive rewards for players.

🎤 Founder Feedback

AI Arena marks a major advance in the fusion between technology and education: an innovative way for people without advanced technical expertise to learn about AI – and to have fun doing so.Brandon Da Silva, CEO of ArenaX Labs

🔜 What's Next?

The beta launch scheduled on the Arbitrum mainnet in early 2024.

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