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Singularity 6 Raised $30 Million for Palia, Its Fantasy Community MMO

Singularity 6’s 2021 $30 million Series B helped prepare Palia, its debut fantasy community-simulation MMO. The game’s once-upcoming status has since changed.
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Singularity 6 raised $30 million in a Series B round reported on July 1, 2021, to scale the studio and prepare its debut game, Palia. The round was led by FunPlus Ventures, with five other named participants. The original “upcoming” framing is now dated: EG7 announced in 2024 that its subsidiary Daybreak had agreed to acquire Singularity 6, and Daybreak was still announcing new Palia content in 2026.

What the $30 million round covered

TechCrunch reported that Singularity 6 raised $30 million in Series B funding to scale the studio and prepare Palia, its debut game. The amount, purpose and investor list below reflect TechCrunch’s July 1, 2021 report, which attributed the funding disclosure to the company.

  • Lead investor: FunPlus Ventures.
  • Additional participants: Andreessen Horowitz (a16z), LVP, Transcend, Anthos Capital and Mitch Lasky.

TechCrunch also reported that the Series B brought Singularity 6’s disclosed funding total to $49 million. That figure combined the $30 million Series B with a previously reported $16.5 million Series A, led by Andreessen Horowitz in 2019. It is the total reported at that time, not a verified lifetime funding total after subsequent events. TechCrunch’s 2021 funding report

What Palia was meant to be

Singularity 6 described Palia as a “community simulation MMO set in a high fantasy world.” Its studio announcement framed the game around building a life and making friends in an online world. The studio summarized its broader ambition this way: “Our mission is to forge alternate worlds that deepen players’ lives.” Singularity 6’s announcement

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TechCrunch contrasted that community-centered pitch with the combat-focused expectations often associated with MMOs, and compared some of its social mechanics to Animal Crossing. Those are descriptions of the game’s original positioning, not a comprehensive assessment of its gameplay. TechCrunch’s 2021 coverage

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Why “upcoming” is no longer accurate

On July 2, 2024, EG7 announced that its subsidiary Daybreak had entered an agreement to acquire Singularity 6. EG7 described Palia at the time as an online multiplayer life-simulation game in open beta on Nintendo Switch and PC. EG7’s acquisition announcement

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Daybreak’s later announcements show the game continued as an active live title. On April 21, 2026, the company said Palia had surpassed 10 million players and scheduled the Royal Highlands expansion for May 12, 2026. The player milestone is Daybreak’s reported figure, not an independently audited count. Daybreak’s April 2026 announcement

On August 21, 2026, Daybreak announced a Fall’s Faire update sequence: the first update was planned for August 26, with later events planned for October and November. Daybreak’s August 2026 update announcement

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