GamingNews

Voldex raises $3M to continue expansion of its Roblox-based games

Did you miss a session from GamesBeat’s latest event? Head over to the GamesBeat & Facebook Gaming Summit & GamesBeat Summit: Into the Metaverse 2 On Demand page here.


Voldex today announced it has raised $3 million in a new round of funding. The company, best known for its user-generated content in Minecraft and Roblox, plans to expand its roster of games.

Dune Ventures led the round, with participation from Makers Fund, POW! Interactive, and others. Voldex plans to use the funding to augment its roster of games and improve its current library. Voldex’s Roblox-based games include Pet Zoo, Encounters, Base Battles, and Cursed Islands.

David Brillembourg Jr. Dune Ventures partner, said in a statement, “Dune Ventures has been following the team at Voldex for a while now and believe they are very well positioned to scale into the largest content network in UGC gaming over the next decade. We are so excited to partner with their unmatched expertise in building games that players love and are excited to see how they will be able to expand their library of experiences with the new funding.”

Alexandre Singer, Voldex CEO, told GamesBeat in an interview that the investment represents confidence in Voldex’s experience: “We know what we’re doing when it comes to UGC gaming, and they think the people who are going to disrupt this space are going to be people who are native to the space… It’s most likely going to be someone who was in it for many years versus an outsider.”

Webinar

Three top investment pros open up about what it takes to get your video game funded.


Watch On Demand

Voldex’s next releases on Roblox are the upcoming Galaxy Kings and Tower Defense.

GamesBeat’s creed when covering the game industry is “where passion meets business.” What does this mean? We want to tell you how the news matters to you — not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Learn More


Author: Rachel Kaser
Source: Venturebeat

Related posts
AI & RoboticsNews

Nvidia and DataStax just made generative AI smarter and leaner — here’s how

AI & RoboticsNews

OpenAI opens up its most powerful model, o1, to third-party developers

AI & RoboticsNews

UAE’s Falcon 3 challenges open-source leaders amid surging demand for small AI models

DefenseNews

Army, Navy conduct key hypersonic missile test

Sign up for our Newsletter and
stay informed!