Shrapnel, founded in 2014, raised a $19.5 million Series A in 2025, giving it a $1.1 billion valuation. The company has raised more than $38 million to date from investors including Gala Games and Griffin Gaming Partners. Shrapnel develops immersive video games with blockchain integration, NFT based rewards, and play to earn mechanics. Serving a global player base, the platform combines entertainment with decentralized economies. With strong funding and innovative gameplay, Shrapnel is positioned to scale its gaming portfolio and lead the next generation of blockchain based interactive entertainment.