Company Name: ArenaX Labs
Location: Toronto, Canada
Sector: AI Education through Gaming
Funding Details: Raised $6M, led by Framework Ventures. Other investors include SevenX Ventures, FunPlus / Xterio, and Moore Strategic Ventures.
Purpose of Investment: To further develop AI Arena, their flagship AI-based gaming platform.
Leadership: CEO Brandon Da Silva
Product: AI Arena, a player-versus-player (PVP) fighting game that allows players to train characters to fight, providing an immersive learning experience about AI without requiring coding skills. The game is free to play with a web3 version for competitive rewards.
About Company: ArenaX Labs is focused on making AI education accessible and engaging through gaming. Their main product, AI Arena, draws inspiration from popular fighting games like Super Smash Bros but with a unique twist—players train AI characters to battle on their behalf, fostering a deep understanding of AI dynamics.
- Accessible and engaging AI education through a gaming interface.
- Development of strong bonds between trainers and their AI characters.
- Free-to-play model with a web3 version for competitive gameplay.
Future Plans: Beta launch on the Arbitrum mainnet in early 2024.