Australian gaming startup Immutable has raised $200-million funds spearheaded by Singapore’s Temasek in a Series C round that is valued at $2.5 billion. According to the firm’s tweet, the funds would help fuel its mission to make NFTs mainstream through high-quality blockchain games. Other investors who took part in the funding exercise include Mirae Asset, […]
Funding
Friend or Foe? Lead Investor Questions VC Funding For Web3 Projects
Lauren Capelin who works as the lead investor at one of Australia’s biggest startup accelerators raised concerns over traditional venture capital funding for some Web3 startups, warning it might, in reality, hinder rather than help firms build the next-generation tech. In an interview with a local news outlet, Capelin, a principal at Startmate told that […]