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NFT Video Game Developer Goals Raises $20 Million in Funding

Swedish start-up Goals has successfully raised US$20 million in series A funding to continue its work on a non-fungible token (NFT) based soccer video game. The game is expected to be a genuine alternative to traditional simulations of the sport such as EA Sports FC.

Reddit co-founder Alexis Ohanian’s Seven Seven Six venture capital firm led the round of funding, which included Northzone, Moonfire and Cassius. Goals has now raised a total of US$39 million, which includes US$15 million from a seed round last year.

The new investment will be used to increase the company’s headcount from 50 to 75 and accelerate the game’s development, which is currently in a pre-alpha state. Goals aims to create a free-to-play game that will be cross-playable across consoles and PC, with a focus on social and competitive gaming with Web 3.0 elements.

Goals founder Andreas Thorstensson, a former Counter-Strike world champion and founder of esports organisation SK Gaming, said that the idea for the game came from his passion for football and video games, as well as his opinion that football video games have grown stale.

“There are over 3.5 billion football fans in the world, and our team is united in the belief that a football game done right should be the world’s biggest video game. We’re focused on making sure we have a game that meets the needs of every fan, whether they’re looking for casual or highly competitive play, what hardware they play on, no matter where they live,” said Thorstensson.


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