The web3 consumer entertainment protocol T-Rex raised $17 million in pre-seed financing, which comprises the firm's total funding to date. 

T-Rex's investors include Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming Ventures, ArkStream Capital, Mindful Venture Capital, Hypersphere, SNZ, and Arche Fund, according to a release shared with The Block. The firm's board of directors will not change after the funding round.