M

Merit Circle

30 employees

Merit Circle is a decentralized autonomous organization focused on developing the play-to-earn economy.

Investor insights

Sectors invested in

Gaming12
Blockchain8
Video Games4
blockchain4
Cryptocurrency3
Information Technology3
Mobile Apps2
nft2
NFT2
Web32
gaming1
Soccer1
Music1
GameFi1
Heroes1
Summoners1
video games1
play2earn1
defi1
Gamification1

Funding rounds participated in

$5.8M sweet spot round size

Most of their 24 investments are in rounds between $3.1M and $10M

Basic info

Industry

financial services

Sectors

Date founded

2021

Investments made

P

Pixion Games raised $5.5M on June 27, 2023

Investors: Mechanism Capital, Zee Prime Capital, GSR, Shima Capital, VGC Partners, Eldridge, Misfits Gaming Group and Merit Circle

U

Undisclosed raised $1M on April 21, 2023

Investors: LD Capital, Big Brain Holdings, OverWolf.com, Round13 Capital, Polygon Labs and Merit Circle

U

Undisclosed raised $7M on March 7, 2023

Investors: BITKRAFT Ventures, Orange Fund, Play Ventures and Merit Circle

A

Avalon Corp raised $13M on February 28, 2023

Investors: Yield Guild Games, Mechanism Capital, Morningstar Ventures, Hashed and Merit Circle

O

Oh Baby Games raised $6M on January 31, 2023

Investors: Synergis Capital, gmjp and Merit Circle

R

Roboto Games raised $15M on November 29, 2022

Investors: Gumi Cryptos Capital, Animoca Brands, Transcend Fund, Makers Fund, Andreessen Horowitz, Ancient8 and Merit Circle

S

Stems Labs raised $4M on October 3, 2022

Investors: Village Global, Yield Guild Games, IDEO CoLab, GSR, Jump Crypto, Tess Ventures and Merit Circle

G

Gameplay Galaxy raised $13M on September 7, 2022

Investors: Blockchain Capital LLC, Yield Guild Games, Hustle Fund, Mysten Labs and Merit Circle

F

FIVEYARDS raised $3.1M on July 14, 2022

Investors: Zee Prime Capital, CitizenX, Parc Capital, Moonlanding Ventures, PetRock Capital and Merit Circle

U

Undisclosed raised $4M on June 27, 2022

Investors: Mask Network, SevenX Ventures, Hypersphere Ventures, Red Beard Ventures, NxGen, Quiet Capital, PathDAO, OP Games and Merit Circle

FAQ