Venture capital firm Andreessen Horowitz (a16z) has led a $15 million seed round for Azra Games, a startup which is focused on creating massive strategic role-playing games based on blockchain and NFTs.
Other participants in the funding round include NFX, Coinbase Ventures, Play Ventures and Franklin Templeton.
a16z has secured funding through a recently launched $600 million fund focused on “gaming infrastructure and metaverses.”
Azra Games co-founder and CEO is Mark Otero, formerly General Manager at Electronic Arts (EA). He has released several popular mobile games including Star Wars: Galaxy of Heroes.
Azra Games was co-founded by entrepreneurs Sonny Mayugba and Travis Boudreau, who are associated with the Azra Games studio, which Otero led at EA.