[Funding alert] Circle of Games Raises $1 Mn Funding From Nazara Technologies, Others

The multi-gaming platform Circle of Games (COG) has secured $1 million in equity funding from prominent investors, Swiss-brd The Hashgraph Association and Nazara Technologies FZ LLC.

By 2024, COG hopes to expand its global reach in the US, EU, Middle East and Africa, and Asia, accelerate its go-to-market plans, and enhance platform capabilities.

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Rabilal Thapa, CEO and Co-Founder of Circle of Games, said, "This strategic partnership not only represents a significant endorsement of COG's mission and potential but also places the company in a prime position to exploit the expansive capabilities of Web3 gaming innovations globally."

By Q4 2024, the platform also intends to increase the number of games available on it from the current six to over ten.

Kamal Youssefi, President of The Hashgraph Association, said, "We are pleased to further empower the global Web3 gaming industry through our co-investment with Nazara Technologies in Circle of Games – the leading Web3 multi-gaming app aiming to onboard the next billion users onto the Hedera network."

About Circle of Games

Founded in 2022 by Rabilal Thapa, Rajeeb VC, and Rohit Tiwari, Circle of Games (COG) is a web3 multi-gaming app, launched in the global market with a vision to onboard the next billion users to blockchain through casual games, which millions play every day and earn amazing rewards.

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