Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued...

Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued...

Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster Gaming Studio On Monday, the blockchain company Immutable revealed it raised $200 million from investors in a Series C funding round. The financing was led by Temasek alongside other participants including Tencent, Animoca Brands,....


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Sydney-Based NFT And Gaming Startup Immutable Secures $200 Million In Funding

The NFT sector continued to expand, while Bitcoin, Ethereum, and the broader cryptocurrency market maintained a range-bound trajectory as a result of the financial markets’ conflict-induced predicament. Immutable, an Australian NFT startup, announced Monday that it had secured $200 million in a Series C funding round headed by Singapore’s state-owned investment firm Temasek. The venture […]

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Immutable raises $200M to invest in blockchain gaming, bringing valuation to ...

The company’s valuation grew from just $410 million in 2021, reflecting the rapid expansion of the NFT economy. Australian NFT trading platform Immutable announced a $200 million Series C funding round led primarily by Singaporean state-owned investment firm Temasek and with participation from Animoca Brands and Tencent. Additional investment from ParaFi Capital, Princeville Capital and Arrington Capital as well as from existing backers King River Capital, Prosus Ventures, AirTree Ventures, Declaration Partners and others have raised Immutable’s valuation to $2.5 billion.  The company....

Singapore state investor leads $100M round for crypto firm Animoca: Report

Both parties participated in a $200 million funding round for the Australian NFT Immutable in March 2022. The venture capital market of the cryptocurrency industry is holding strong despite the crypto winter as major government-linked firms reportedly continue betting on big industry players.Singapore state-owned investment firm Temasek is joining a $100 million funding round for the blockchain and venture studio Animoca Brands, Bloomberg reported on Tuesday. According to the report, Temasek will lead Animoca's financing round through convertible bonds.Both Animoca and Temasek are known....

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