Vietnam, January 16 2022 - Funtap announced Funverse Capital -  its first $10 million-sized investment fund for blockchain-focused tech startups capable of driving profound impact on the fintech and gaming industry. Funverse Capital welcomes NFT games and blockchain startups with up to $1M funding for each qualified project. 

Besides capital funding, Funverse Capital offers mentorship and accelerator programs which take advantage of Funtap’s leading position in Vietnam’s mobile gaming market such as the company's nearly a decade of market understanding and its 42 million worldwide customer network. 

Funverse Capital’s Managing Director is Philips Dao - currently Funtap’s VP of Game Business. Dao has 15 years of experience in the gaming industry. 

The official launching ceremony of Funverse Capital in Hanoi on January 16th, 2022

According to Funverse Capital’s Managing Director - Phillips Dao, in the Southeast Asia market, the capital fund is now seeking for startups working on blockchain-enabled applications in GameFi, DeFi and other potential projects.  

“We recognize the opportunity for fledgling entrepreneurs to go "from vision to action" and are willing to assist them turn their ideas into reality by sharing the strength of a worldwide business network, the mutual advantages of the online ecosystem, and growth lessons in the typical Internet market.” added Dao.

Funverse Capital’s Managing Director - Phillips Dao

The official launch of Funverse Capital confirms Funtap’s strong move-in blockchain industry, especially gaming fintech in coming years. The new venture capital plays a vital role in the whole group's plan to achieve its ultimate goal of becoming among the leading and respected technology companies in South East Asia in the next 5 years.

“Blockchain and NFT are great motivations for the coming generation of Internet products and services. With our financial capital and other business resources committed via Funverse Capital, Funtap is now ready to contribute to the growth and acceleration of the emerging tech industry” - concluded Adam Bui, Founder & CEO of Funtap Corp. 

Headquartered in Hanoi, Vietnam, Funtap has grown from a zero-dollar firm in 2015 to a digital service ecosystem that includes games, digital content, payment, and finance solutions for more than 42 million users worldwide, placing it among the fastest-growing companies in the regional markets. The company embraces a sustainable business strategy that balances the benefits of communities, customers and corporate.

• Business types: Game publishing, Game development, Digital content and Media, Fintech
• Company size: 600+ employees
• Number of customers: 42+ million worldwide

For more information please visit our websites: https://funverse.capital

Media Queries: info@funverse.capital