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MAGICAVE RAISES $6.4M TO BUILD THE NEXT GENERATION OF DIGITAL TOYS

Magicave, the digital toy, game and hobby startup, today announced it has raised  $6.4m in funding, including a new $5.675m seed round led by leading gaming VC BITKRAFT Ventures and Fabric Ventures, alongside cryptography specialists Geometry and NFT-focused Sfermion. This follows a successful pre-seed round in late 2021, backed by early-stage funds Concept Ventures and Acequia Capital, along with well-known games investors Sir Ian Livingstone (founder of Games Workshop) and Nick Button-Brown.