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Web3 chess startup Immortal Game raises $12 million in funding led by TCG


Web3 chess startup and marketplace Immortal Game said on Thursday that it has raised $12 million in funding led by TCG crypto, along with other tech and entertainment VC specialists – Cassius, Greenfield One, Sparkle Ventures (supported by the Sandbox Founders, and Animoca Brands) Kevin Durant and Rich Kleiman’s 35V, Blockwall, Kraken Ventures, and Spice Capital.


Immortal Game will use the funding to accelerate its product development and expand into key markets including India, US, and Europe.

Founded in March 2021 by Thomas Zaepffel, David Cingala, and Geoffroy Mestrallet, the startup had raised $3.5 million in funding earlier this year co-led by Cassius and Greenfield One that was also backed by GFC, Kraken Ventures, Moonfire, Kima Ventures, Blockwall, and BlackPool DAO.

“An inflection point in the adoption of blockchain technology for consumer gaming has reached. Chess is a centuries-old game that benefits from this technology, preserving its heritage while attracting a new group of players. We are excited for the support of 50 Grand Masters as we continue to broaden the reach of this incredible game,” said Thomas Zaepffel, chief executive officer at Immortal Game.

Powered by blockchain, Immortal Game is being created in collaboration with, and for, the dedicated chess community. It aims to elevate the gaming experience for online chess players around the world, who currently play over 20 million games daily, by leveraging web3 and next-generation digital assets.

“Immortal Game is at the cutting edge of games and blockchain technology,” said Jesse Jacobs, Cofounder, and partner, of TCG. “The team is world-class, the product is excellent and the vision is inspiring. We’re excited to partner with Thomas, David and Geoffroy as they expand the gaming experience for passionate communities in new and exciting ways.”

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