AtmosLabs Completed $11M Seed Round

Published on: 13.06.2022

Play-and-earn metaverse developer AtmosLabs, Inc. completed an $11 million seed round for Atmos, a competition-based virtual world set in an expansive sci-fi universe built to accelerate the advent of metaverse-native sports.

AtmosLabs has completed an $11M Seed Round to Power the Evolution of Metaverse-Native Sports!

Sfermion led the round, including prominent investors Animoca Brands, Collab+Currency, FBG Capital, Alumni Ventures, RedBeard Ventures, DWeb3, LD Capital, GSR Markets Limited, CoinGecko Ventures, Avocado Guild, UniX Gaming, and more.

They will use the funds to build the foundation of the virtual game world of Atmos, grow its community, and expand the Atmos team.

Introduction to Atmos

To begin with, Atmos, a new play-and-earn metaverse, is building an immersive experience that will pair an esports component with the fandom and sense of belonging that comes with conventional sports in a new virtual universe.

Moreover, to ignite the category of metaverse-native sports. The game and its story are built by experienced veterans from:

Gaming
crypto
automotive
industrial design
comic books
film

Through NFTs, DeFi, and the principles of the emerging metaverse, Atmos players will not only play but also own their gear, teams, identities, and moments.

For Atmos Labs’ Founder and CEO Kevin Beauregard, Atmos is the next evolution of gaming. “People will congregate around the spectacle of competition in the metaverse just like in the physical world. We are building metaverse-native sports and entertainment — a category we believe will bring excitement and substance to the metaverse concept.”

“Atmos is delivering a refreshing blend of stunning aesthetics, competition, and a real digital economy. All while maintaining that commitment to the true ownership of in-world assets,” said Andrew Steinwold, managing partner of co-lead investor Sfermion. “The Atmos Labs founding team has brought together an incredibly talented group. That one would expect for a company many times its age, from game design and mechanics to creative development.”

Atmos Labs’ VP of Game Design, Dylan Bushnell, added, “We’re committed to building a world in which players can generate value from gameplay, own and trade interoperable assets in non-exclusive marketplaces, ” govern the ecosystems they helped create. Importantly, all blockchain-related integrations aside, the games we’re developing could stand on their own.”