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SHRAPNEL
Building a AAA game built on blockchain for competitive play, creation and player ownership
About SHRAPNEL
Shrapnel is a pioneering startup based in Seattle, WA, specializing in the development of the SHRAPNEL game, the first AAA shooter game built on blockchain technology. This innovative game is designed to blend community engagement, creative content creation, and digital ownership, offering a unique experience in the gaming industry.
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Shrapnel primarily serves gamers who are looking for cutting-edge, immersive experiences and are interested in the benefits of blockchain technology. The company operates in the highly competitive video game market, specifically targeting the segment of players who appreciate high-quality, AAA titles and are open to new technological advancements in gaming.
The business model of Shrapnel revolves around leveraging blockchain to create a digital economy within the game. This means that players can own, trade, and sell in-game assets securely and transparently. By integrating blockchain, Shrapnel ensures that players have true ownership of their digital items, which can be a significant draw for the gaming community.
Shrapnel makes money through several revenue streams. These include the sale of the game itself, in-game purchases, and possibly transaction fees on trades within the game's digital economy. Additionally, the company may explore partnerships and sponsorships, given its innovative approach and the high-profile background of its team members.
The team behind Shrapnel is composed of experienced designers, producers, artists, and programmers who have previously worked on major entertainment franchises like HALO, Call of Duty, and Westworld. This world-class team brings a wealth of knowledge and expertise to the project, ensuring that the game meets the high standards expected of AAA titles.
In summary, Shrapnel is at the forefront of integrating blockchain technology into the gaming industry, offering a unique blend of competitive gameplay and digital asset ownership. The company is well-positioned to attract a dedicated player base and generate revenue through a combination of game sales, in-game purchases, and digital transactions.
At a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Seattle, United States
- Employees
- 31
- Open positions
- None listed
- Dealroom signal
- 60.6/100
- Industry
- Gaming
- Sector
- Consumer Services
- Client focus
- b2b
- Investment activity
- 1 company, latest Sep 2022
- Capital deployed
- $7M
- Preferred round
- EARLY VC
Latest news
Press, funding announcements and product moves mentioning SHRAPNEL.
Funding history
1 token-sale event is listed separately and excluded from the company funding total.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Aug 2025 | $20M | $78M | Polychain Capital · Griffin Gaming Partners · Gala Games | ↗ |
| EARLY VCOther financing | Oct 2023 | $20M | $80M | Franklin Templeton Investments · Griffin Gaming Partners · Brevan Howard Asset Management · IOSG Ventures | ↗ |
Growth signals
Latest recorded traffic for SHRAPNEL is 18K monthly website visits, down 61.7% over the last three months. SHRAPNEL's team declined 16.2% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
Griffin Gaming Partners
Polychain Capital
Forte
Franklin Templeton Investments
Brevan Howard Asset Management
IOSG Ventures
Tess Ventures
Series B and later2 investors entered at this stage
HBO
Gala Games
Other known investors12 additional known investors
Brian Lee
DeFiance Capital
Dennis Fong
Dragonfly Capital Partners- JZJason Zhao
- KNKeith Nunziata
Mechanism Capital
Overwolf
Sfermion- SPSpartan
- SLStephen Lim
- TCThree Arrows Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SHRAPNEL on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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