KapKap’s seed round, led by Animoca Brands with backing from major Web3 investors, will advance its KAPS reputation system and expand game developer collaborations.
KapKap, an AI-native Web3 company, announced in an official statement that it raised $10 million in a seed funding round led by Animoca Brands, with participation from Shima Capital, Mechanism Capital, Klaytn Foundation, and Big Brain Holdings. The funds will be used to enhance its KAPS reputation system, strengthen collaborations with game developers, and launch new casual games. The company reports 1.7 million monthly active users and maintains partnerships with SNK, Bored Ape Yacht Club (BAYC), and ApeCoin DAO.