African-owned game Rise of Fearless raises $1 million for expansion
Rise of Fearless has secured $1 million in SAFE financing from Epic Edges Capital as it targets 100,000 active players and brings international gaming experts on board to build a globally competitive African-owned gaming franchise.
African-developed battle royale mobile game, Rise of Fearless, has secured $1 million in funding from Dubai-based investment firm Epic Edges Capital through a Simple Agreement for Future Equity (SAFE). The investment aims to enhance the game's reach and help build a financially viable gaming franchise. The additional capital will be used for game development, infrastructure, marketing, and community building, as well as bringing in experienced international gaming executives and developers.
The surge in investor interest in Africa's gaming industry, driven by a growing player base and demand for locally-made games, has contributed to the funding.
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