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Battlegrounds Developer, CEBG Game, Raises $3 Million in Funding Round

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According to reports, CEBG Game, the developer of the Web3 multiplayer online tactical and competitive game Battlegrounds, announced on social media that it has completed a $3 mill

Battlegrounds Developer, CEBG Game, Raises $3 Million in Funding Round

According to reports, CEBG Game, the developer of the Web3 multiplayer online tactical and competitive game Battlegrounds, announced on social media that it has completed a $3 million private equity round financing, with participation from Youbi Capital, GSR Ventures, A&T Capital, and others. Battlegrounds currently supports iOS and Android systems, and has launched two game modes: PvE and PvP. Players can receive motivation by completing game tasks.

Web3 game Battlegrounds developer CEBG Game completes $3 million private equity round financing

CEBG Game, the developer of the popular multiplayer online tactical and competitive game Battlegrounds, has announced that it has successfully completed a $3 million private equity round financing. According to reports, the funding round saw participation from Youbi Capital, GSR Ventures, A&T Capital, and several others. This article takes a closer look at CEBG Game, Battlegrounds, and their recent funding announcement.

Who is CEBG Game?

CEBG Game is a Chinese game development company that specializes in the creation of mobile games. Founded in 2015 by a team of experienced game developers, CEBG Game quickly established itself as one of the leading developers in the Chinese gaming industry. The company’s flagship game, Battlegrounds, has become hugely popular, attracting millions of players from around the world.

What is Battlegrounds?

Battlegrounds is a Web3 multiplayer online tactical and competitive game that is available on iOS and Android platforms. The game features two modes: PvE and PvP. In both modes, players are tasked with completing various game tasks and objectives to advance through the game. Players can receive motivation by completing game tasks, and can enjoy the satisfaction of achieving in-game rewards.

Recent Funding Announcement

The recent announcement of CEBG Game’s $3 million funding round is a significant achievement for the company. The funding will be used to support the continued development of Battlegrounds, as well as other mobile games that CEBG Game is currently developing.
The success of the funding round is attributed to the growing popularity of mobile gaming, which has seen explosive growth in recent years. With millions of players around the world, mobile gaming has become a lucrative market, and developers like CEBG Game are well-positioned to benefit from this trend.

Conclusion

The success of CEBG Game and Battlegrounds is a testament to the growing popularity of mobile gaming. With millions of players around the world, mobile games have become a lucrative market, and the recent funding round for CEBG Game is a clear indication of the potential for growth in this industry.
As a leading developer of mobile games, CEBG Game is well-positioned to continue its success in the industry, and with the support of investors, the company will be able to develop even more exciting games for players around the world.

FAQs

Q: What is Web3?
A: Web3 refers to the next generation of the internet, which is being built on blockchain technology.
Q: What is the difference between PvE and PvP in Battlegrounds?
A: PvE stands for Player versus Environment, while PvP stands for Player versus Player. In PvE mode, players battle against computer-controlled enemies, while in PvP mode, players battle against other players.
Q: What other games does CEBG Game develop?
A: CEBG Game is currently developing several other mobile games, including RPGs and action games.

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