Game Developer Akatsuki Releases a Web 3.0 $20M Fund

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Japanese company Akatsuki Inc. has announced it has created a $20 million fund dubbed Emoote that will focus on investments in Web3 projects.

The fund will support startups in the metaverse, GameFi and NFT fields. The company has said that it plans to focus its efforts on collaborations with Japanese entertainment and media companies.

Akatsuki has said:

“Based in Singapore, we will be investing with a focus on Asia, an important Web 3.0 market, while maintaining a global mindset.”

The company has supported more than 20 startups.