Beamable, a leading developer behind decentralized gaming infrastructure, announced the completion of a $13.5 million Series A funding round led by BITKRAFT Ventures. This funding will support the development and scaling of the Beamable Network, a Decentralized Physical Infrastructure Network (DePIN) poised to redefine how backend infrastructure for games is built and operated. BITKRAFT Ventures was joined in the financing by Arca, Advancit Capital, 2Punks, P2 Ventures, Solana Foundation, Scytale Digital, defy.vc, GrandBanks Capital and Permit Ventures.
The Beamable Network represents a shift in how live games are supported, breaking free from the traditional dependence on centralized hyperscalers. And at launch, the network is projected to rank as a top-10 DePIN project by revenue, due to the existing demand for its infrastructure among games already running on Beamable’s technology. With millions of users and billions of API calls served to date, the Beamable Network features scalability, cost efficiency, and resilience to the gaming industry.
The Beamable Network will be managed by the Beamable Foundation, a new entity recently announced to open-source Beamable’s infrastructure technology and create a tokenized protocol that challenges the centralized dominance of hyperscalers. By decentralizing resources—computing power, storage, and network bandwidth—the network enables a more cost-effective and robust alternative to traditional server platforms. This is achieved through tokenized incentives that align contributors and users, creating a community-driven infrastructure model.
The network will also enable the inclusion of third-party developers who could launch their own custom software modules and services on the network, giving them access to interoperable infrastructure and mechanisms to earn royalties and license fees from their creations.
KEY QUOTES:
“BITKRAFT has been a leader in identifying transformative opportunities at the intersection of gaming and Web3, and this funding validates the enormous potential of the Beamable Network to revolutionize videogame infrastructure. By leveraging the proven success of our existing platform and integrating decentralized principles, we’re unlocking a new era of scalability and inclusivity for developers.”
– Jon Radoff, CEO and Co-Founder of Beamable
“We believe Beamable is uniquely positioned to set a new standard for decentralized infrastructure in gaming. Its proven technology and built-in demand, combined with the disruptive potential of DePIN, represents an unparalleled opportunity to enable game developers – across Web2 and Web3 – to build, grow, and thrive at scale.”
– Carlos Pereira, General Partner at BITKRAFT Ventures
