NFT company Immutable has raised investments of $200 million

Following the successful completion of a Series C round, Immutable’s valuation reached $2,5 billion

08.03.2022 - 07:45

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What’s new? Australian NFT startup Immutable has announced that it has raised $200 million in investments from high-profile companies and funds. The Series C funding round was led by Singapore-based Temasek Holding, one of the largest investment firms in Asia.

Source: Twitter.com

“Major news: we’re thrilled to announce Immutable has raised $200 million in Series C funding at $2,5 billion value. We’re supercharging our mission to make NFTs mainstream through high-quality blockchain games and more.”

Who supported the startup? In addition to Temasek Holdings, the Series C round included Tencent Holdings, ParaFi Capital, Mirae Asset, and Declaration Partners.

Immutable is known to the community as the developer of the popular NFT games Gods Unchained and Guild of Guardians. The company intends to use the funds raised to grow further by merging with partners and acquiring promising startups.

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