NEOWIZ announced a private placement of $12 million in funding on January 18, 2023. The transaction included participation from Polygon Games Co., Ltd., Pearl Abyss Corp., Animoca Brands Limited, WEMIX PTE, Ltd., Magic Eden Entertainment Ug (Haftungsbeschränkt), Planetarium, CRIT VENTURES Inc., Big Brain Holdings, Global Coin Research, XLGAMES INC. and JOYCITY Corporation and 20 investors.