Ambrus Studio, a Web3 game company founded by Johnson Yeh, the CEO of Riot Games Asia-Pacific, has initiated a new round of VC funding. Spartan Group is the lead investor for this round and Axia8 is participating in the round. The round is joined by new strategic investors GoodWater Capital. The valuation and funding amount for this round have not been disclosed. The new funds will be used to continue game development.

It is reported that Ambrus Studio will commence the minting of their fifth NFT character, DJ Nana, on July 20th. This sale will adopt a "co-creation" approach, allowing users to freely select traits to generate their unique NFTs and have a chance to win rewards up to 6 ETH.