Report post

Who backed Animoca Brands?

Blockchain game maker and crypto investor Animoca Brands has secured $75 million in a funding round that values the Hong Kong-based company at $5.9 billion. Investors of the round include existing backers Liberty City Ventures, Kingsway Capital and 10T Holdings, among others, Animoca said on Tuesday.

How much is Animoca worth?

It’s a big leap from the $2.2 billion valuation the company was assigned in October when it raised a round. The number is even more notable considering that Animoca was valued at $1 billion in a round that closed as recently as July. According to Crunchbase data, the company has now raised an estimated .

Did Liberty City Ventures invest in Animoca Brands?

Liberty City Ventures invested in Animoca Brands's Unattributed VC - VIII funding round. Animoca Brands acquired 27 companies. Their latest acquisition was Pixelynx on December 06, 2022. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Will Animoca Brands invest in blockchain gaming?

That basically adds up to a summer of blockchain gaming’s historic boom. The investors in Animoca Brands’ round include some strategically important allies such as French video game giant Ubisoft, which has been supporting blockchain startups in its accelerator.

The World's Leading Crypto Trading Platform

Get my welcome gifts