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Home Funding News KGeN raises $13.5 million in funding led by Prosus Ventures

KGeN raises $13.5 million in funding led by Prosus Ventures

KGeN is a decentralized Web3 gaming network designed for developers and gamers. The platform leverages blockchain technology to provide community-building tools, testing environments, and tournament infrastructure. 

By Jitendra swami
New Update
KGeN raises $13.5 million in funding led by Prosus Ventures

KGeN (Kratos Gamified Engagement Network) has raised $ 13.5 million in a strategic funding round led by Prosus Ventures, Jump Crypto and Accel. 

With this round, KGeN’s total funding has reached $43.5 million, according to Prosus Ventures. This follows a $20 million seed round in January 2023 and a $10 million ecosystem round in November 2024, as the company expands its protocol, commerce stack, and loyalty infrastructure across more than 60 countries.

Read also- Aagama Ventures launches Rs 400 Cr fund to back fintech startups

“KGeN solves the hardest problem in consumer growth: trust. By verifying real users and turning reputation into an asset, we’re giving AI, DeFi, gaming companies and consumer apps a distribution rail that converts and scales," said, Manish Agarwal, Elder Council at KGeN.

“We built KGeN to be partner-first and protocol-driven: verifiable users in, measurable outcomes out. With POGE as the reputation backbone, partners can acquire, retain, and reward the right users while letting those users carry value across the open internet," said, Ishank Gupta, Elder Council at KGeN.

“KGeN has changed distribution into an accountable system of record from what was once a spend line,” said Saurabh Sharma, CIO at Jump Crypto. “The combination of verified users, on-chain proofs, and real revenue traction sets the protocol to power the new influx of AI and DeFi applications. 

About KGeN 

Founded in 2022 by Manish Agarwal and Ishank Gupta, KGeN is a decentralized Web3 gaming network designed for developers and gamers. The platform leverages blockchain technology to provide community-building tools, testing environments, and tournament infrastructure. 

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It enables users to maintain control over their data while earning rewards for participation. KGeN also offers a verification system to ensure user authenticity and activity, helping businesses minimize exposure to bots and fake accounts during customer acquisition.
 
KGeN serves 38.9 million users, including 6.14 million monthly active users, generating $48.3 million in annualized revenue. The platform offers verified user acquisition, on-chain loyalty programs, and decentralized storefronts through its POGE reputation framework and a global clan network across more than 60 countries.

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