Deep Tide TechFlow News, on August 14, according to ChainWare, Neon Machine Studio announced the completion of two rounds of financing totaling $19.5 million, with the latest round led by Gala Games, and existing investors Griffin Gaming Partners and Polychain Capital participating.

The studio's first-person shooter game "Shrapnel" has obtained a trusted copyright chain license in China, becoming the first Web3 game authorized for release on that platform. According to the development plan, the game will enter closed testing in the second half of 2025 and enter the open beta phase in early 2026.