About Farcana
Farcana is a company based in Dubai (United Arab Emirates) founded in 2022 by Ilman Shazhaev. Farcana has raised $10 million across 2 funding rounds from investors including Animoca Brands, Merit Circle and Polygon Ventures. Farcana offers products and services including Farcana Game and Farcana Platform. Farcana operates in a competitive market with competitors including Hike, Yuga Labs, LUDEX, Autograph and Irreverent Labs, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Ilman Shazhaev
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Dizzaract Fz Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
$550 K (USD), Token Sale
Dec 29, 2023
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Investors
Animoca Brands
& 10 more
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Employee Count
Not available
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Products & Services of Farcana
Farcana offers a comprehensive portfolio of products and services, including Farcana Game and Farcana Platform.
Competitive hero shooter with tactical PVP and team-based strategies.
Dashboard for tracking stats, inventory, and tournament participation.
People of Farcana
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Funding Insights of Farcana
Farcana has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $550 thousand completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Farcana
Farcana has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Animoca Brands, Merit Circle and Polygon Ventures.
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Venture focused on crypto currency
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Early-stage venture capital firm investing in the US and UK
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Blockchain development services are provided by Rarestone in Dubai.
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Investor details for Farcana
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Investments & Acquisitions by Farcana
Investment portfolio details for Farcana
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Financial Statements - Farcana
Detailed financials for Farcana
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Farcana Comparisons
Peer comparison for Farcana
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Competitors of Farcana
Farcana operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hike, Yuga Labs, LUDEX, Autograph and Irreverent Labs, among others.
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Hike is involved in building innovative digital solutions.
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A marketplace for games, NFTs, and digital collectibles is operated.
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Alternative investment platform for digitalization of game cards
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Unique digital collections are created and traded using NFTs.
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Developer of blockchain-based NFT games
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Digital assets and collectibles are traded via an NFT platform.
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Detailed competitors of Farcana
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Latest news on Farcana
Complete news archive for Farcana
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Frequently Asked Questions about Farcana
Farcana was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Farcana is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Ilman Shazhaev is the current CEO of Farcana. They have also founded this company.
Farcana is a funded company, having raised a total of $10M across 2 funding rounds to date.
Farcana was founded in 2022 and is headquartered in Dubai, United Arab Emirates. An online platform is operated to facilitate the buying and selling of NFT-based collectibles, with a focus on athlete avatars. Transactions are conducted in the blockchain and digital assets sector, enabling users to engage in peer-to-peer exchanges of virtual memorabilia. The service supports digital ownership and trading within a global marketplace.
Farcana offers Farcana Game and Farcana Platform.
Farcana has 11 investors. Key investors include Animoca Brands, Merit Circle, Polygon Ventures, Fenbushi Capital, and Rarestone.