Immutable X is the latest NFT Platform to raise big!

in Project HOPE3 years ago

Hi HODLers,

ImmutableX, the company / layer2 behind Gods Unchained, Guild of Guardians and many other blockchain Gamefi / NFT projects has announced it raised $200mn million in a Series C funding round that was led by Singapore state investment fund Temasek at a $2.5 billion valuation.

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Temasek is a very big and good investment fund and it brings good omen for the project.

Other partners include Mirae Asset, ParaFi Capital, Declaration Partners and Tencent Holdings.

If you are looking for a job:

Immutable plans to add 200 employees in the next 12 months, which would more than double its current 165-person team.

You can see their latest medium post here: Why Join Immutable: Product, Engineering & Design.

Trust me, this company will continue to grow and rock !

ImmutableX is not the only way to raise a lot of cash recently:

  • In January, OpenSea (NFT marketplace) raised $300 million at a $13.3 billion valuation
  • Just a little bit after, Autograph, the platform co-founded by the recently retired National Football League star Tom Brady, raised $170 million in a Series B from Andreessen Horowitz (a16z) and Kleiner Perkins

Stay safe out there,

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