Mirror World Labs, a gaming studio within the Solana ecosystem, has successfully secured $12 million in its Series A funding round. Leading the investment were Bitkraft, Galaxy Interactive, Big Brain Holdings, and other prominent investors, all backing the development of the gaming rollup project, Sonic.
Chris Zhu, the CEO and founder of Sonic, expressed his excitement about the funding on June 13, highlighting the studio’s dedication to supporting Web3 gaming projects with monetization and listing services. The newly acquired funds will be utilized to enhance the Sonic protocol, incorporating features like sandbox environments, customizable gaming primitives, and versatile data types. In addition, Sonic aims to facilitate the integration of new developers into the Solana gaming ecosystem while simplifying the adoption of the Sonic SVM and HyperGrid Framework for existing game creators. The HyperGrid Framework serves as a deployment kit for rollups, enabling developers to deploy new game engines and virtual machines seamlessly within the Solana environment.
Despite Solana’s success in the memecoin and decentralized application markets, its gaming sector has not experienced the same level of prosperity. However, developers are optimistic that the innovative Sonic protocol could revolutionize the deployment of Solana Virtual Machine (SVM) chains to support GameFi projects.
The Sonic protocol was officially launched on March 29 and has already been integrated into 50 gaming clients as initial distribution nodes. Noteworthy games like Mahjong Meta, Matr1x Fire, and Seraph/ActozSoft have witnessed over 200,000 engagements and transactions during their gaming sessions after implementing the Mirror World SDK.
Established in 2022, Mirror World Labs has been at the forefront of developing Solana gaming infrastructure, catering to all aspects of the game lifecycle, from developer onboarding to technical solutions. With a total of $16 million raised in venture capital funding, the studio is committed to driving innovation within the Solana gaming ecosystem.
In conclusion, the funding received by Mirror World Labs signifies a significant milestone in the advancement of the Sonic protocol and the broader Solana gaming community. As the gaming sector continues to evolve, the studio remains dedicated to empowering developers and gamers alike with cutting-edge solutions.