NPC Labs has successfully raised $18 million in a funding round led by Pantera Capital to enhance the Web3 gaming landscape. This round brings NPC Labs’ total funding to $21 million, following a previous $3 million pre-seed round.

Web3 Gaming: A Priority for NPC Labs

NPC Labs was founded with the mission to accelerate the integration and growth of on-chain gaming. The company is a key player in B3.fun, a gaming ecosystem operating on Coinbase’s Layer 2 blockchain network, Base.

The funds raised will be used to improve the B3.fun ecosystem, making it easier for non-Web3 users to discover and engage with crypto games. NPC Labs is developing discovery portals like Basement.fun to streamline this process.

B3.fun offers a horizontally scaled, microservices-like Layer 3 ecosystem on Base, providing high transactions per second and gasless transactions.

“Our mission is to restore economic freedom for game developers and players,” said NPC Labs CEO Daryl Xu, emphasizing the company’s goal to provide a simple and frictionless gaming experience.

NPC Labs aims to address the challenges developers face in the current gaming market and explore how blockchain technology can offer more control and revenue opportunities.

Founded by former Coinbase employees Daryl Xu, Viktoriya Hying, and Sean Geng, NPC Labs has garnered significant interest from key investors in this fundraising round, including Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle EcoFund.

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