Singapore Web3 game development company Saakuru Labs and MemeCore jointly launch $10 million incubation fund

Odaily News Saakuru Labs, a Singaporean Web3 game development company and developer of L2 protocol Saakuru, announced that it will jointly launch a $10 million incubation fund with MemeCore, a Meme coin community platform, to promote the development of the Web3 game industry. The fund plans to invest in and acquire communities and games and incorporate projects into the Saakuru and MemeCore ecosystems. According to previous news, Saakuru Labs received $2.4 million in private equity investment in April this year, led by Based VC and ARC Community. Subsequently, it also reached a strategic partnership with Animoca Brands.