Sonic, a gaming-focused layer-2 blockchain constructed on Solana, has efficiently raised $12 million in a latest funding spherical. The Sequence A spherical was led by Bitkraft and included investments from Galaxy Interactive and Huge Mind Holdings.
The funds can be allotted to increasing the Sonic protocol, which options sport growth instruments tailor-made for the Solana ecosystem. In keeping with the press launch, Sonic provides “built-in mechanisms designed particularly for sport growth and execution on Solana, reminiscent of a sandbox setting, customizable gaming primitives, and extensible knowledge varieties, all whereas offering the quickest on-chain gaming expertise.”
Sonic was developed by Mirror World Labs, a two-year-old infrastructure firm led by CEO Chris Zhu. Zhu, who graduated from New York College in 2020 and beforehand labored for ByteDance, the dad or mum firm of TikTok, has been pivotal in driving Sonic’s development.
“We anticipate the Sonic SVM to turn into the go-to vacation spot for any gaming studio that desires to construct video games throughout the Solana ecosystem,” stated Justin Swart, principal at Bitkraft, within the press launch.
This newest fundraising spherical follows an earlier $4 million seed spherical in 2022, bringing the entire funds raised to $16 million.
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