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Cold River Games completed a $2 million financing for the development of the new ARPG "Crystalfall".
Gate News bot message: Swedish game studio Cold River Games has completed a $2 million financing round, which will be used to develop the free ARPG game "Crystalfall." This round of financing was led by Beam Investments, with participation from Partnerinvest Norr, CoinFund, Avalanche Foundation, A100X, MH Ventures, and others.
It is reported that "Crystalfall" adopts a steampunk style design, focusing on item growth and skill theory construction. The game is planned to be released on the Steam platform in 2025 and will include Web3 elements to enhance equipment circulation and player economic security.