Animoca Brands completes US$138.88 million capital raise with US$50 million second tranche
Animoca Brands completes US$138.88 million capital raise with US$50 million second tranche The funds raised will be used to fund acquisitions, strategic investments and acquisitions, product development and licences for popular intellectual properties. New strategic investors “offer powerful synergy and partnership opportunities”, says chairman. Animoca Brands has closed a second and final tranche of US$50 million as part of the US$138.88 million unicorn capital raise initiative, which was conducted at a pre-money valuation of US$1 billion. Among the investors who took part in...