{"id":69704,"date":"2022-11-08T11:56:33","date_gmt":"2022-11-08T09:56:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=69704"},"modified":"2025-09-07T21:40:16","modified_gmt":"2025-09-07T18:40:16","slug":"web3-startup-xternity-raises-4-5-million-in-pre-seed-round","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/web3-startup-xternity-raises-4-5-million-in-pre-seed-round\/","title":{"rendered":"Web3 startup Xternity raises $4.5 million in pre-seed round"},"content":{"rendered":"<p>Israeli startup Xternity, which focuses on Web3 infrastructure for gaming, raised $4.5 million in a pre-seed round, <a href=\\\"https:\/\/www.theblock.co\/post\/183788\/web3-gaming-infrastructure-startup-xternity-raises-4-5-million-exclusive\\\">The Block<\/a> reports.<\/p>\n<p><!--more--><\/p>\n<p>The round was led by venture firm NFX, which specialises in early-stage investments. Among other participants were Jibe Ventures, Flori Ventures, Secret Chord Ventures and vGames.<\/p>\n<p>Israeli-based Xternity is designed to help game publishers implement <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a> components, including NFTs. To this end the firm has developed a <span data-descr=\\\"no-code programming\\\" class=\\\"old_tooltip\\\">no-code<\/span>-platform that supports the blockchains Polygon, ImmutableX, Solana, BNB Chain, Celo and Ethereum.<\/p>\n<p>As of now, Xternity employs ten people. The firm plans to hire five more developers. <\/p>\n<p>According to a Leapfrog Crypto report, the number of active users in the Gaming category over the past year declined only slightly compared with most other sectors.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"307\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/Number-1024x307.png\\\" alt=\\\"Web3-\u0441\u0442\u0430\u0440\u0442\u0430\u043f Xternity \u043f\u0440\u0438\u0432\u043b\u0435\u043a $4,5 \u043c\u043b\u043d \u0432 \u043f\u0440\u0435\u0434\u043f\u043e\u0441\u0435\u0432\u043d\u043e\u043c \u0440\u0430\u0443\u043d\u0434\u0435\\\" class=\\\"wp-image-190156\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/Number-1024x307.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Number-300x90.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Number-768x230.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Number.png 1356w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>\u0414\u0430\u043d\u043d\u044b\u0435: Leapfrog Crypto.<\/figcaption><\/figure>\n<p>\\n<\/p>\n<p>Analysts at The Block noted that the number of mergers and acquisitions in the NFT\/gaming segment has risen over the past three quarters. <\/p>\n<p>Earlier, the New York-based investment firm CoinFund <a href=\"https:\/\/forklog.com\/en\/news\/coinfund-to-launch-250-million-fund-for-web3-investments\">announced<\/a> the launch of a $250 million fund to invest in Web3 projects.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news on our <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Israeli startup Xternity, focusing on Web3 infrastructure for gaming, raised $4.5 million.<\/p>\n","protected":false},"author":1,"featured_media":69705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1133,1110],"class_list":["post-69704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-venture-investments","tag-web-3-0"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=69704"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69704\/revisions"}],"predecessor-version":[{"id":69706,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69704\/revisions\/69706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/69705"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=69704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=69704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=69704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}