KGeN, formerly known as Kratos Gamer Network, successfully closed a strategic KGeN funding round worth $13.5 million. This latest capital brings the company’s total raised to $43.5 million, positioning it as a major player in Web3 verification infrastructure. The funding will accelerate global expansion of the VeriFi Protocol across AI, gaming, and DeFi sectors.
Who Invested in KGeN’s Latest Funding Round
The $13.5 million KGeN funding round was led by Jump Crypto, Accel, and Prosus Ventures. Jump Crypto specializes in blockchain infrastructure investments and recognized the critical need for verification protocols. Accel, known for scaling technology companies, joined to support global expansion strategy. Prosus Ventures brought international expertise to the investor consortium. This funding follows a $20 million seed round in January 2023 and a $10 million ecosystem round in November 2024. The strategic investor alignment demonstrates strong institutional confidence in KGeN’s verified distribution infrastructure for the digital economy.
What is the VeriFi Protocol and Why It Matters
VeriFi is the world’s largest Verified Distribution Protocol designed for AI, DeFi, gaming, and consumer applications. The protocol addresses a critical challenge: distinguishing genuine users from bots and fraudsters. It operates as a comprehensive verification framework that enables applications to acquire and retain authentic users. The protocol has verified over 38.9 million users across more than 60 countries. For AI startups, it provides verified user sourcing. In DeFi, it combats Sybil attacks and ensures fair token distribution. Gaming platforms use VeriFi to prevent bot farming and maintain competitive integrity, making this KGeN funding round strategically important.
KGeN’s Total Funding Now Exceeds $43 Million
With this latest KGeN funding round, the company’s cumulative capital reached $43.5 million. The funding timeline shows deliberate scaling: $20 million seed round in January 2023 for protocol development, $10 million ecosystem round in November 2024 for partnership expansion, and now $13.5 million for global acceleration. The company’s valuation reached $150 million during the seed round. KGeN reports annualized revenue of $48.3 million, demonstrating strong unit economics. The capital structure balances growth ambitions with efficiency, an increasingly important consideration in today’s funding environment where sustainable business models attract premium valuations from strategic investors.
How KGeN Plans to Use the New Investment
The KGeN funding round capital targets specific strategic priorities. Primary allocation focuses on global expansion of distribution, commerce, and loyalty infrastructure currently operating across more than 60 countries. The funds will strengthen the technology stack powering the VeriFi Protocol, improving scalability and reducing verification latency. Infrastructure enhancement becomes essential as the verified user base expands beyond 38.9 million users. Business development and partnership expansion also feature prominently, enabling accelerated integrations with AI platforms, DeFi protocols, and gaming ecosystems. The company’s products include Verified UA to minimize user acquisition waste and K-Store for decentralized storefronts.
KGeN’s Role in Web3 Gaming and DeFi Innovation
KGeN has established itself as critical infrastructure bridging Web3 gaming, DeFi, and AI applications through verification. In Web3 gaming, the VeriFi Protocol addresses bot farming and fraudulent activity that undermine game economies. The protocol ensures players represent genuine users, helping platforms maintain fair competitive environments. The DeFi sector benefits through Sybil resistance for token distributions and Know-Your-User frameworks for compliant verification. AI applications require verified human users for quality training data and testing. The VeriFi Protocol provides AI startups with verified user populations. This KGeN funding round represents strategic investment in foundational verification infrastructure for next-generation digital systems across converging sectors.
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