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Neon Machine

Neon Machine

Private
Seattle, WashingtonMedia, Entertainment & Gaminghttps://shrapnel.com/

Last Round

Strategic

Aug 13, 2025

Est. Valuation

$1.12B

Total Funding Raised

$50M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Neon Machine is a video game development studio that creates Shrapnel, a AAA blockchain-enabled first-person shooter game.

Sector

Media, Entertainment & Gaming

Verticals

Web3 Gaming, Gaming, NFT Platforms

Business Model

B2C

Customer Profile

Marketplace Commission, Usage-Based SaaS, Freemium

AI Layer

Non-AI

Keywords

first-person shooterFPSweb3 gamingblockchain gameplay-to-earnextraction shooterNFT marketplacedigital asset ownershipin-game economyAAA gaminguser-generated contentUGCfree-to-playcrypto gamingPC gaming

Historical Pricing

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Caplight Momentum Score

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Neon Machine Comparables

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Neon Machine comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Gunzilla Games
85%
Studio369
78%
Wagyu Games
78%

Neon Machine Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicAug 13, 2025
Series AOct 25, 2023
Token SaleApr 11, 2022
SeedNov 15, 2021

Key People

Founding team and executive leadership

R A.

Chief Operating Officer

Executive Team

Dave Johnson

Head Of Studio Chief Product Officer

Executive Team

Neon Machine Investors

Notable investors and investment history

Neon Machine investors
InvestorRounds
Yunt CapitalStrategic
SfermionToken Sale
Forté VenturesSeries A
Three Arrows CapitalToken Sale
Griffin Gaming PartnersSeries A, Strategic, Seed
Polychain CapitalStrategic, Series A, Seed
Franklin TempletonSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 24, 2026

    Unreleased game Shrapnel facing development delays amid lawsuit.

  • Mar 24, 2026

    Unregistered NFT delivery failure alleged in securities fraud suit.

Neon Machine Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Neon Machine Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Neon Machine's valuation, stock price, and market status.

Firmographic Details

HeadquartersSeattle, Washington
Employee Range31
Year Founded2020
Last FundingAug 13, 2025

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