Sonic, Solana’s first layer 2 gaming infrastructure protocol, has secured $12 million in a series A round, attracting multiple venture capital investors. This funding brings Sonic’s total raise to $16 million after a $4 million seed round in early 2022.
Sonic, developed by Mirror World Labs, is an atomic Solana Virtual Machine-compatible L2 platform for game economies. It offers tools like Web2 and Web3 login methods, an NFT marketplace, a wallet, and an NFT Launchpad. The team plans to introduce custom-built rollups on Solana.
HyperGrid, a core technology by Mirror World, powers Sonic’s ecosystem. Sonic aims to become Solana’s go-to protocol for gaming, helping countless games with monetization and market launch.
Funding from BITKRAFT Ventures, Galaxy Interactive, and Big Brain Holdings will support new initiatives, including Sonic grants for developer onboarding. Solana’s recent traction in blockchain contrasts with slower growth in its gaming sector.
Sonic SVM is positioned to drive long-term growth and innovation in Solana’s gaming ecosystem, aiming to onboard thousands of games. This strategic funding round underscores the importance of developing robust infrastructure for the future of blockchain gaming.
