Venture Capital News: Mythical Games Lands $37M Series C1
2023-06-28
NEW YORK, NY, Mythical Games, the next-generation gaming studio behind the Mythical Chain raises has secured $37 million as part of its Series C1 financing round.
Mythical Games, the next-generation gaming studio behind the Mythical Chain, Mythical Marketplace, and popular gaming titles such as NFL Rivals and Blankos Block Party, and the soon-to-be-released Nitro Nation World Tour, has secured $37 million as part of its Series C1. Led by digital asset manager Scytale Digital, with participation from ARK Invest, Animoca Brands, PROOF, Stanford Athletics, MoonPay, as well as participation from existing investors Andreessen Horowitz, Gaingels, Signum Growth, Struck Capital, and WestCap. The full round is expected to close later this year with an additional $20-30 million raise, with a few additional investors and several strategic partners that are in discussion.
Acknowledged by Forbes' Disruptive Technology Companies To Watch in 2019 and Fast Company's World Changing Ideas 2021, Mythical is a next-generation games technology company creating a web3 gaming ecosystem by leveraging blockchain technology and playable NFTs for tools that enable players, creators, artists, brands and game developers to become stakeholders and owners in new "play and own" game economies.
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