Faraway Raises $21 M in Series A Funding
- Faraway, a Miami FL-based game developer and publishing studio, raised $21M in Series A funding
- The round was led by Lightspeed Venture Partners and FTX, with participation from a16z, Sequoia Capital, Pantera Capital, Jump Capital and Solana
- The company, which raised over $8m earlier this year in its seed round, intends to use the funds to expand operations and its business reach
- The company is a new gaming studio leveraging blockchain technology to create player-driven and decentralized game economies
- The platform is a globally diversified team of 40 that exists across several countries with its HQ based in Miami
- The company is currently expanding across all departments
