Web3 Game Studio Mythical Games Raises $37M with a16z Involved

Web3 Game Studio Mythical Games Raises $37M with a16z Involved

Web3 game studio Mythical Games announced it has raised $37 million in a Series C1 funding round led by Scytale Digital, with participation from ARK Invest, Animoca Brands, MoonPay, a16z and others. The funds will be used to achieve profitability through platform updates and developments of infrastructure and new games.

Mythical Games is the studio behind NFL Rivals and Blankos Block Party. It also has Mythical Chain and a NFT marketplace called Mythical Marketplace. Mythical Games will soon launch Nitro Nation World Tour, a NFT racing game.

In November 2021, Mythical Games raised $150 million in Series C funding led by a16z. The studio said it will raise another $20 to $30 million later this year.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Fund Raising

Game

NFT

a16z

Animoca Brands

Related News
Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report
Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint
Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
Latest News More More
1 Day Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
2 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
2 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
5 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open