On March 7, 2020, Horizon Blockchain announced its US$5 million seed financing for their game SkyWeaver. The financing was led by Initialized Capital and will be used to pursue the closed beta test of SkyWeaver. SkyWeaver is a free to play digital trading card game that is built on a Ethereum blockchain network.
Horizon Blockchain is a gaming company specialized in blockchain powered video games that grant players decentralized games where they can experience digital ownership, open economies, provable fairness, privacy and the ability to earn real world value through play.
Initialized Capital is a San Francisco based early stage venture capital firm focused on investments in technology firms.
Osler, Hoskin & Harcourt LLP advised Horizon Blockchain with a team consisting of Chad Bayne, Alana McElhinney and Shalu Atwal (Emerging and High Growth Companies).