Animoca Brands raised $65M at a $2.2B valuation from a list of investors including Sequoia China, Dragonfly Capital, Com2uS, and others. The fresh capital will be used to fund strategic investments and acquisitions, product development, and licenses for popular IP.
- Animoca Brands is a prominent investor in the areas of metaverse, NFTs, and blockchain technology. It has early investments in Axie Infinity, Dapper Labs, and OpenSea, including a portfolio of 100 NFT related companies.
- The firm recently invested in Genopets and reNFT, a company creating lending protocols for NFTs with rentable use cases.