NFT Game Developer Animoca Brands Raises $89M, It Pushes Company’s Valuation to $1B
May 14 2021 · 08:21 UTC | Updated
May 14 2021 · 11:31 by Ibukun Ogundare · 3 min read
Photo: Animoca Brands
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Speaking on plans for the raised funds, Animoca said that they would go into product development.
NFT game developer Animoca Brands Corporation recently secured nearly $89 million in a capital raise, pushing the company’s valuation to $1 billion. Specifically, the game developer generated $88,888,888 in the recently completed capital raise. Animoca Brands announced the success of the capital raise on the 14th of May.
Animoca Brands Names Participants of This Funding Round that Raises Its Valuation