USA, Orlando-based game development studio, Third Time Entertainment, has successfully closed a $2 million Seed Plus funding round. The funding, led by multi-strategy investment firm Sfermion, and joined by Reciprocal Ventures, Big Brain Holdings, 32-Bit Ventures, and 6th Man Ventures, marks the studio's second seed round following its initial $3.5 million raise in March 2022. CEO Ian Cummings plans to utilize the funds to expand the studio's product offerings, scale its team, and explore strategic partnerships. Third Time Entertainment gained recognition for its blockchain-based virtual horse racing game, Photo Finish™ LIVE, which became the Official Game of the Kentucky Derby through a partnership with Churchill Downs, garnering over $4 million in virtual horse sales since its April launch.