Crypto Gaming Startup Stardust Raises $30 Million Despite Slump

Despite a steep drop in venture funding for crypto companies, some startups are still managing to secure fresh capital. Stardust, which provides developer tools for building blockchain-based games, said Tuesday that it raised $30 million in a funding round led by crypto venture capital firm Framework Ventures.

Acrew Capital, Blockchain Capital and Distributed Global participated in the Series A round. Stardust declined to provide its valuation, but said that it was higher than in its previous funding round.

Stardust COO Atif Khan and CEO Canaan Linder

Source: Stardust

The Palo Alto, California-based startup was founded by Chief Executive Officer Canaan Linder in 2018. He said in an interview that he first ...