Roboto Games, a new game studio aiming to bridge Web2 experience and accessible Web3 in-game elements, has raised $15 million in a Series A funding round led by noted venture capital firm Andreessen Horowitz (a16z), which launched its first game-focused fund in May with a $600 million commitment. The round shows that funding continues to trickle into crypto sectors despite the global bear market and the recent implosion of crypto exchange FTX and its continuing aftermath.

The funding will go toward building out the company’s second game and hiring across a variety of roles, including artists and marketers, Roboto Games founders Curt Bererton and Mathilde Pignol told CoinDesk in an interview. Other participants in the round included Ancient8, Animoca Brands, Gumi Cryptos Capital, Harrison Metal Capital, Makers Fund, Merit Circle, Transcend and a number of angel investors. Total funding now stands at $19.5 million to date, including a 2019 seed round.