ArenaX Labs, a Toronto, Canada-based technology company that aims to teach the world about artificial intelligence (AI) through the play, raised $6M in funding.
The round was led by Framework Ventures. Other investors included SevenX Ventures, FunPlus / Xterio, and Moore Strategic Ventures.
The company intends to use the funds to further develop AI Arena.
Led by CEO Brandon Da Silva, ArenaX Labs provides AI Arena, which is a player-versus-player (PVP) fighting game akin to Super Smash Bros. But instead of battling other humans, players train characters to fight in their stead. Trainers develop strong bonds with their characters, acquiring an intimate understanding of AI. The game requires no coding skills and will be free to play, with a web3 version available for players who can compete for rewards.
ArenaX Labs plans a beta launch on Arbitrum mainnet in early 2024.
FinSMEs
09/01/2024