Australian NFT startup Immutable has raised fresh funding from investors led by Singapore’s Temasek in a round that values it at $2.5bn, the company said on Monday, as it taps a surge in interest in cryptocurrency and NFT ventures.
In February, it announced a partnership with GameStop to launch the videogame retailer’s NFT marketplace alongside a fund worth $100 million dedicated to supporting creators of NFT content from gaming studios, Web3 and metaverse gaming.
Investors in the $200-million funding round include Mirae Asset, ParaFi Capital, Declaration Partners, Tencent Holdings and others, Immutable said.
The company had raised money at a valuation of $410m in its previous funding round in 2021, it said.
Read more: Reuters
