Pixion Games Secures $5.5 Million Funding for Development of Fableborne
London-based gaming studio Pixion Games has recently concluded a successful funding round, raising a total of $5.5 million. The funds will be used to further enhance the development of their flagship mobile-first game, Fableborne.
Fableborne, Pixion’s latest project, is currently progressing in its League LiveOps. The studio has focused on creating an accessible way for players to accumulate on-chain assets within the game.
The funding round saw participation from several investors, including Blizzard, Shima Capital, Eldridge, Merit Circle, ReadyPlayerDAO, VGC, Zee Prime, Mechanism Capital, GSR, and Misfits Gaming.
Introducing Fableborne
Pixion Games, established in 2017, officially unveiled Fableborne as their first title in 2022. After 18 months of dedicated development, which included years of prototyping various projects, Pixion aimed to integrate Web3 elements seamlessly into the game without disrupting its core gameplay.
Fableborne, an isometric action RPG and base builder, incorporates “play-to-own” aspects through its NFTs. The game’s goal is to revolutionize Web3 gaming, and Pixion adopts a data-informed approach to ensure continuous improvement and an enjoyable gaming experience.
Players of Fableborne have the opportunity to trade in-game assets, create user-generated content, and actively participate in the game’s development journey. Exclusive access to the game and engagement with Pixion through Discord allow users to offer feedback and engage in discussions. Pixion is committed to creating a game that is not only aligned with market trends but also fundamentally fun and scalable.
Kam Punia, the founder and CEO of Pixion Games, expressed excitement over the positive feedback and reception received by Fableborne. Punia also mentioned that the Pixion team is focused on delivering a high-quality game, with the LiveOps model nearly ready for its minimum viable product (MVP) introduction.
The Pixion team boasts a wealth of experience in developing successful multiplayer games, with industry veterans from companies like Konami, Garena, Square Enix, Sony, and more.
Recently, Laguna Games launched its Crypto Unicorn Web3 games, starting with Unicorn Party.