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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 the tranche-2 are Blue Pool Capital, Coinbase Ventures, Gobi Partners, Korea Investment Partners, Liberty City Ventures, Samsung Venture Investment Corporation, Scopely, Token Bay Capital and zVentures (the corporate venture arm of Razer Inc). ....

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Animoca Brands raises US$88,888,888 based on valuation of US$1 billion


Animoca Brands raises US$88,888,888 based on valuation of US$1 billion
HONG KONG, May 13, 2021 /PRNewswire/
Animoca Brands, the company that is delivering digital property rights to gamers via NFTs, today announced that it has completed a capital raise of US$88,888,888 (approximately A$113,500,000) at a price per share of A$1.10 based on a valuation of US$1 billion (approximately A$1.28 billion).
Investors in the round included Kingsway Capital, RIT Capital Partners (formerly Rothschild Investment Trust), HashKey Fintech Investment Fund, AppWorks Fund, LCV Fund, Huobi, Octava, Ellerston Capital, Perennial, Axia Infinity Ventures, SNZ, Liberty City Ventures, Metapurse, and other prominent investors.
The funding is a strategic milestone that positions Animoca Brands for further aggressive growth as it continues to bring digital property rights to video gamers through the use of blockchain and non-fungible tokens (NFTs), enabling powerful benefits such as play-to-e ....

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