Web3 digital entertainment company Rusk Media has closed A $9.5 million Series A funding round led by DAOL Investment and Audacity Ventures

Web3 digital entertainment company Rusk Media recently announced A $9.5 million Series A funding round, South Korean venture capital firms DAOL Investment and Audacity Ventures led the Investment, with participation from InfoEdge Ventures (IEV), Mistry Ventures and Survam Partners. The company has raised a total of $12 million to date. Rusk, which connects with consumers through innovative social games, said it will use the funding to expand its monetization layer of intellectual property (IP) into the Web3 market, with partners including KFC, Mondelez International and others. Rusk Media recently partnered with NODWIN Gaming to launch Playground, one of its latest Gaming entertainment ips.