Quick Take
- SuperGaming closes $15M Series B, bringing total funding to $20M
- Backers include Skycatcher, Steadview, Speedrun, and 1UpFund
- Capital will accelerate Web3 gaming push through GameChain and SUP Foundation
SuperGaming, the India-based studio behind MaskGun and Indus, has raised $15 million in a Series B funding round led by global and crypto-native investors. The raise brings SuperGaming’s total funding to $20 million and reinforces growing interest in the studio’s Web3 ambitions through the SUP Foundation and its custom GameChain network.
Investors in the round include Skycatcher, Steadview Capital, Speedrun, 32Bit Ventures, GFR Fund, and 1UpFund, alongside other undisclosed backers. Ed Fries, co-founder of Xbox and General Partner at 1UpFund, said the team is delivering on both product and execution: “We’re backing SuperGaming not just for what they’re building, but because they’re already delivering.”
Skycatcher founder Sia Kamalie echoed the sentiment and pointed to India’s growth trajectory: “India is the fastest-growing gaming market globally and from that will emerge the next global giants in gaming.”
SUP Foundation and GameChain Expansion
The raise comes just days after SuperGaming formally launched the SUP Foundation to oversee its transition onchain. GameChain, a Base L3 built with infrastructure partner B3, is designed to serve as a dedicated blockchain for SuperGaming titles and user-owned game assets.
The foundation’s first onchain campaign, the Lotus Vault NFT mint, is scheduled for mid-August. The assets will serve as early community entry points and foundational identity layers for SUP’s growing ecosystem.
SuperGaming currently reports over 200 million lifetime players across its mobile titles and generates more than $40 million in annual revenue. Its GameChain roadmap focuses on player asset ownership, wallet-native onboarding, and deeper integration of blockchain mechanics into free-to-play games.
Global Strategy and Emerging Markets
SuperGaming says the new capital will fund multiple product launches in both regions, targeting mobile-first players with its existing IP and new GameChain-native titles.
India’s mobile gaming market is forecasted to reach $9.2 billion by 2029, driven by a low-cost, high-engagement user base and rising digital payment infrastructure. SuperGaming’s crypto gaming bet is designed to align with those trends by offering players more control over in-game assets and deeper participation in value creation.
What’s Next
The SUP Foundation’s Lotus Vault NFT mint is expected to go live later this month, with GameChain’s full rollout coming in Q4 2025. No token has been announced.
More details are expected through SUP Foundation’s official channels.
