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Animoca Brands - Strategic
Overview
Funding Date
October 30, 2023
Financing amount
$50M
Valuation
--
About Animoca Brands - Strategic
Metaverse and gaming venture capital firm Animoca Brands and Saudi Arabia's NEOM Investment Fund announced a new agreement to propel Web3 growth within the area. NEOM is proposing to invest $50 million in Animoca, of which US$25 million will be via the issuance of convertible notes at a conversion cap price of A$4.50 per share.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Uncategorized | Saudi Arabia | -- | 1 | -- |
Founders & Team
Robby Yung
Yat Siu
Company Profile / Project Introduction
Animoca Brands is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights and contribute to the establishment of the open metaverse. The company develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E.