According to BlockBeats, independent Web3 game studio Planet Mojo announced on April 5th that it has completed a new round of strategic financing. The funding round was led by Animoca Brands, Merit Circle, and Courtside VC, with participation from Spartan Group, Citizen Capital, Sfermion, Big Brain Holdings, EVG, Republic, NGC Ventures, Readyplayer DAO, Alchemy, Momentum 6, Skyvision Capital, RW3 Ventures, Collab + Currency, Polkastarter, Metavest Capital, Symbolic Capital, Everyrealm, and Fourth Revolution Capital. This round of financing brings Planet Mojo's total funding to $10.5 million.

Planet Mojo plans to use the new funding to continue building its Web3 gaming metaverse platform, aiming to provide users with a more immersive, social, and innovative gaming experience, and to drive the development of the GameFi track. The company's focus on the Web3 gaming metaverse platform demonstrates its commitment to leveraging the latest technology to enhance the gaming experience for its users. The strategic financing round is a significant step forward for Planet Mojo, providing the necessary resources to further develop its platform and contribute to the growth of the GameFi sector.