Virtually Human Studio (VHS) has raised $20 million in a Series A funding round led by TCG and with participation from Andreessen Horowitz and Red Beard Ventures.
- The Australian company, founded in 2018, has developed a blockchain-based, virtual horse-racing game, called Zed Run.
- It will use the funds to expand its project and engineering teams.
- Game participants can buy non-fungible tokens (NFTs) representing racehorses with differing racing and breeding characteristics.
- Since its launch in 2019, more than $30 million of racehorse NFTs have been sold.
- VHS plans to develop the game so that "players can work in professions such as stable owner, race track owner, breeder, accessory designer and more," CEO Chris Laurent said.
UPDATE (JULY 21, 12:43 UTC) Adds game description, development plans.
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