Saltwater Games Powers Up with $5.5 Million Boost

Saltwater Games has landed a hefty $5.5 million in seed funding, thanks to the support from leading crypto investors Deus X and Fourth Revolution Capital (4RC). This comes as the studio is expanding its empire by acquiring top gaming developers like Maze Theory, Nexus Labs, and Quantum Interactive. These are the brains behind blockbuster titles such as Doctor Who and Peaky Blinders.

The fresh capital is set to spark significant growth for Saltwater. Plans are on the table to grow the team, dive into tech investments, and explore new markets. In the latest move, Tim Grant of Deus X, with his rich background from Galaxy Digital, is stepping in as chairman of Saltwater, promising an exciting future ahead.

At the heart of the company's lineup is Celeros, a Web3 title that reimagines the racing game scene. Set in the year 2080, Celeros harnesses Unreal Engine 5, blockchain, AR, and AI to offer an immersive racing experience with real-world physics. The game also stands out for its deep customization, which allows players to tailor vehicles and characters to their preferences. 

Celeros achieved a key milestone in January 2024 when it launched its Community Tournament Series. This exclusive event for Race Access Pass holders was not just about the thrill of the race; it also dished out big rewards for all. Players had the chance to win a $7.5K gaming PC and rare NFTs, making a splash in the gaming realm.

Saltwater is poised for major growth in Web3 gaming thanks to its solid financial base, clever acquisitions, and breakthrough titles like Celeros. The studio strives to deliver immersive virtual experiences, which marks a positive step forward in Saltwater's development.