Tevaera Raised $5M in Latest Seed and Private Rounds

Morningstar Ventures
morningstar-ventures
2 min readApr 24, 2024

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Investors: Laser Digital (Nomura Group) and with participation from HashKey Capital, Fenbushi Capital, Crypto.com, and others.

Website: https://tevaera.com/

We are pleased to announce our latest portfolio company Tevaera, a ZK stack-powered gaming ecosystem. The team raised $5M in funding, led by Laser Digital (Nomura Group) and with participation from HashKey Capital, Fenbushi Capital, Crypto.com, and others.

The project is developing an on-chain gaming platform to facilitate the launch and play of multi-genre games using a zkStack-based hyperchain with a UX-focused layer. Tevaera has also launched a community-led NFT marketplace, the Teva Market, which enables bulk NFT transactions and low fees to trade and bridge ONFTs (market.tevaera.com). The team will launch Teva Chain and Teva Dex in the upcoming months, aiming to create the next era of permissionless Web3 gaming.

Read the full announcement: ➡️ here

About Morningstar Ventures

Morningstar Ventures is an investment firm backing ambitious ideas by early-stage founders. Based in Dubai, Morningstar Ventures focuses primarily on the blockchain and digital assets space and is led by CEO Danilo S. Carlucci. The firm is active in token and equity investments and has a particularly strong focus on the MultiversX ecosystem.

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