Parallel has completed the funding phase
On March 28, developers of Parallel announced that they have concluded the final phase of funding. According to the developers, with the support of investors, approximately $35 million has been raised, which is a very promising result for a game of this scale.
The round also saw participation from numerous private investors, including some founders of Solana and investors in the gaming industry, such as YGG, Pudgy Penguins, Grails, Dingaling, and Loopify. Alongside the launch of Parallel TCG into open beta testing, the development studio is also working on an AI-based game titled Colony on the Solana platform, scheduled for release in 2025.
Raising such a substantial amount demonstrates significant interest in the game, both from investors and players. Such investment in the game could greatly contribute to its positive growth in the web3 industry.