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To-scale-gaming-platform-Axie-Infinity-raising-150-million-dollor-fund-in-Series-B-funding-round
Axie Infinity, a video game company, raises $150M at $3B valuations in Series B funding round. A16z will lead the funding round forAxie Infinity.
Axie Infinity is a play-to-earn video game enabled by blockchain. The Information on Monday reported that it had raised about $150 million in a Series B funding round which makes its tidal valuation $3 billion valuations.
The Information also stated that the venture giant Andreessen Horowitz would lead the funding round. Axie Infinity uses NFTs (non-fungible tokens) to reward its players. In September, it had revenue of 64,933.71 ether (ETH), worth $220.32 million.
In May, Axie Infinity had raised $7.5 million in a Series A funding round. Series A round’s lead investor was Libertus Capital. Other investors of the same round included the Reddit co-founder Alexis Ohanian, Dallas Mavericks owner Mark Cuban, 500 Startups Vietnam, and the Collaborative Fund.
To-scale-gaming-platform-Axie-Infinity-raising-150-million-dollor-fund-in-Series-B-funding-round
Axie Infinity, a video game company, raises $150M at $3B valuations in Series B funding round. A16z will lead the funding round forAxie Infinity.
Axie Infinity is a play-to-earn video game enabled by blockchain. The Information on Monday reported that it had raised about $150 million in a Series B funding round which makes its tidal valuation $3 billion valuations.
The Information also stated that the venture giant Andreessen Horowitz would lead the funding round. Axie Infinity uses NFTs (non-fungible tokens) to reward its players. In September, it had revenue of 64,933.71 ether (ETH), worth $220.32 million.
In May, Axie Infinity had raised $7.5 million in a Series A funding round. Series A round’s lead investor was Libertus Capital. Other investors of the same round included the Reddit co-founder Alexis Ohanian, Dallas Mavericks owner Mark Cuban, 500 Startups Vietnam, and the Collaborative Fund.