Shaga Completes $4 Million Funding, Led by IOSG Ventures

Odaily News Solana ecosystem DePIN project Shaga announced the completion of US$4 million in financing, led by IOSG Ventures. Investors include Everyrealm, Amber Group, MH Ventures and other institutions, as well as several angel investors.
Shaga is committed to reshaping the gaming experience, breaking through hardware bottlenecks, and providing ultra-low latency and high-performance games, aiming to allow billions of players around the world to enjoy the ultimate gaming fun. By adopting edge computing technology, Shaga brings users a cloud gaming experience, and anyone can set up a node and share the game. Players can participate in the DePIN network at a lower cost and lower latency without purchasing specialized hardware, significantly lowering the entry barrier to the ecosystem.
Previously, Shaga had just completed a US$1 million angel round of financing in June 2024.