Company Fableborne Games

Pixion Games Secures $5.5M in Funding to Accelerate Development of Fableborne

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Pixion Games


27 June 2023

Fableborne advances the web3 gaming space through social play, UGC, live events, and tradable in-game assets

London, UK, June 27th, 2023 – Pixion Games, an innovative gaming studio headed by industry veterans, today announced that it has successfully closed a $5.5 million funding round. The funds raised will help supercharge Pixion Games’ development of its flagship game, Fableborne.

Fableborne is an action role-playing game (RPG) that blends strategic base building with accessible ways for players to accumulate on-chain in-game assets. Players can build their base, raid their opponents, and upgrade buildings and Heroes in a world rich of lore with stunning visuals art and fun gameplay. With this fresh influx of capital, and continued support from its trusted investors, Pixion Games will make significant strides in Fableborne’ s ongoing development. This includes Pixion League, the in-app tournament platform, turbocharging LiveOps for free-to-play games.

“Following a series of successful releases, Fableborne has garnered strong praise and positive feedback,” said Kam Punia, Founder and CEO of Pixion Games. “Our team is fully focused on making Fableborne a leading high-quality game with on-chain elements. With this mission in mind, we’re proud to say that our LiveOps powered by tournaments model is nearly ready for release.”

Pixion Games’ funding round was backed by notable investors, including Blizzard, Shima Capital, Eldridge, Merit Circle, ReadyPlayerDAO, VGC, Zee Prime, Mechanism Capital, GSR, Avalaunch, Misfits Gaming, and more. The Company has carefully curated its investor relationships by seeking out partners who are dedicated to sustainable long-term growth.

With its deep knowledge of developing multiplayer experiences for millions of players, and a unique approach to game development, Pixion Games is ready to revolutionize the web3 gaming space. The Company’s proprietary tournament platform and data-informed approach to building conviction and hit titles is a stark contrast to the single project development of many web3 games. On-chain elements that enhance social play, user-generated content (UGC), and tradable in-game assets are carefully integrated to add extra value without negatively impacting core gameplay.

About Fableborne

Fableborne is an isometric play-to-own multiplayer game where you embark on a journey to explore the Shatterlands. Built accessible and mobile-first, a perfect blend of Action RPG and Base Building where you fortify your island and attempt to raid other players’ bases for gold and glory.

Play in asynchronous player-versus-player battles, or hone your skills during challenging boss battles in the player-versus-environment mode.

Compete in the Pixion League, collect resources, and claim your well-earned rewards to own your favorite Fableborne Heroes!

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About Pixion Games

Founded in 2017, Pixion Games creates exciting multiplayer games that are easy to understand, hard to master, but ultimately fun to play in short sessions. Pixion Games was formed by veterans from Konami, Garena, Gala Games, Square Enix, Sony, Wargaming, Pixonic, Ubisoft, NCSOFT and many of the world’s most formidable game studios, with a proven track record in developing multiplayer experiences for millions of players.

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