Saga, a protocol aimed at helping Web3 game developers launch their own blockchains, has announced a $5 million seed extension round spearheaded by venture capital firm Placeholder.
The investment brings Saga's total funding to $13.5 million and comes just months before Saga launches its mainnet in January. For Placeholder, this is the largest pre-Layer-1 stake it's taken in a portfolio company.
The main appeal of Saga, according to co-founder and CEO Rebecca Liao, is its scalability.
