Gaming News
| Published On Aug 7, 2024 1:24 pm CEST | By Jenny Patel

Curio Attracts $5.7M in Investment from Bain Capital Crypto and SevenX Ventures

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Curio, a pioneer in on-chain gaming, recently secured $5.7 million in a funding round led by Bain Capital Crypto and SevenX Ventures, with participation from OKX Ventures. This latest funding brings Curio’s total to $8.6 million, including $2.9 million raised earlier in 2023.

Founded in 2022, Curio has rapidly emerged as a notable player in the gaming industry. The company initially introduced a 4X strategy game demo, “Treaty,” and has now launched the first season of its flagship wagering strategy game, “Duper.” Amid the rising popularity of Web3 wagering games, “Duper” offers a unique twist as a browser-based game featuring social team play. It allows five players to engage in intense 40-minute matches, all fully deployed on-chain.

Kevin Zhang, Curio’s co-founder, emphasized the distinctiveness of “Duper,” stating, “While most crypto games attempt to imitate existing video games, we looked in another direction at classic board games and card games that are simple, infinitely re-playable, and integrate stakes with the game meaningfully, as part of the core game design. Because of this unique form factor, ‘Duper’ is highly accessible.”

Strategic Vision and Support

Stephan Cohen, a partner at Bain Capital Crypto, praised Curio’s innovative approach, remarking, “We’ve worked with the Curio team since inception and continue to be impressed with their vision for how next-generation games can leverage blockchain components. By focusing on emergent social dynamics and skill-based wagering, Curio combines the best elements of classic games like Poker and Mahjong with the immersive nature of video games.”

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Curio’s success in securing significant funding underscores the growing interest in integrating blockchain technology with gaming. With its innovative approach and strong financial backing, Curio is poised to make a substantial impact in the evolving landscape of Web3 gaming.

As Curio continues to develop and expand its gaming portfolio, the company’s commitment to blending classic game mechanics with blockchain technology will likely attract even more attention and investment. The support from major investors highlights confidence in Curio’s potential to revolutionize on-chain gaming and set new standards in the industry.

Jenny Patel

Jenny Patel, a dedicated freelance writer, has been consumed by her love for gaming since her childhood days. Her go-to games growing up were Elder Scrolls V: Skyrim on PC and Halo 3 on XBOX. Jenny now enjoys the flexibility of working remotely, allowing her to explore the world while indulging in her gaming passion.