Shrapnel joined the Unicorn Club in 2025 after raising a $19.5 million Series A funding round, reaching a $1.1 billion valuation. Headquartered in Los Angeles, California, United States, Shrapnel develops immersive video games with blockchain integration and play-to-earn mechanics, creating unique experiences for players worldwide.
The company focuses on combining high-quality game design with decentralized platforms to enable both engagement and monetization in next-generation gaming ecosystems.
Keep reading to learn how Shrapnel became a $1.1 billion leader in gaming innovation.
What Is Shrapnel and What Does It Do?
Founded in 2014, Shrapnel is a video game developer that integrates blockchain technology into its games to provide secure, transparent, and player-driven experiences. The company develops multiplayer, play-to-earn titles with digital asset ownership, trading, and NFT-based rewards.
Shrapnel’s platform enables players to explore immersive worlds while participating in decentralized economies, offering both entertainment and investment opportunities.
How Much Funding Has Shrapnel Raised?
1. Series A Round
- Amount Raised: $19.5 million
- Date: 2025
- Valuation: $1.1 billion
- Lead Investors: Gala Games, Griffin Gaming Partners
- Purpose: Expand game development, integrate blockchain mechanics, and scale user acquisition
2. Earlier Rounds (Seed to Series Pre-A)
- Cumulative Funding: More than $18 million
- Key Investors: Gala Games, Griffin Gaming Partners, and other early-stage gaming investors
- Purpose: Develop initial game titles, build a core development team, and pilot decentralized features
Total Funding Raised: More than $38 million
Latest Funding Date: 2025
Latest Known Valuation: $1.1 billion
Key Investors
- Gala Games
- Details: Blockchain gaming company investing in decentralized game development and NFT-based ecosystems
- Focus Areas: Play-to-earn games, digital asset economies, blockchain gaming platforms
- Griffin Gaming Partners
- Details: Venture capital firm specializing in gaming and interactive entertainment
- Focus Areas: Game development, esports, immersive entertainment, and blockchain integration
Where Is Shrapnel’s Headquarters?
Shrapnel is headquartered in Los Angeles, California, United States, supporting its game development studios, blockchain engineering teams, and operational headquarters.
What’s Next for Shrapnel?
Shrapnel plans to expand its game portfolio, enhance blockchain-based mechanics, and increase player engagement through new NFT and tokenized reward systems. The company is also scaling its global user base and building partnerships with other decentralized platforms to strengthen its position in the gaming industry.
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