Blockchain Game Investment List – Axie Infinity raises $860,000
Welcome to our master list of investments in blockchain games.
Regularly updated, this is a list of every investment – whether from VCs or token sales – into blockchain game companies.
If you think there’s a deal we’ve missed, please email [email protected]
Total investments to-date during 2020: $70 million
Total investments to-date: $600 million
- Total traditional investments (VCs, shares etc): $211 million
- Total blockchain investments (ICOs/token sales etc): $389 million
Significant companies (by investment raised)
- Dapper Labs: $68 million
- Mythical Games: $35 million
- Animoca Brands: $18 million
- Immutable Games: $17 million
- Galaxy Digital (Immutable, Lucid Sight, Mythical Games)
- Animoca Brands (Dapper Labs, Lucid Sight, Axie Infinity)
- Hashed (Animoca Brands, Axie Infinity, Mythical Games)
You can also read about what early-stage investor LVP thinks about the potential of blockchain games in our exclusive guest column – When will blockchain gaming be worth investing in?
- November 2020
Axie Infinity developer Sky Mavis raised $860,000 in a strategic token sale of its AXS governance token to existing investor and advisor Delphi Digital.
Delphi had previously acquired five Axie NFTs from the game’s marketplace for over $160,000.
- October 2020
Axie Infinity developer Sky Mavis sold $3 million of its AXS token through Binance Launchpad.
Dapper Labs raised $18 million via a sale and an auction of Flow tokens on the Coinlist platform. The sale priced the Flow tokens at the $0.1 value of previous private sales, while the auction priced the tokens at $0.38.
This takes Dapper Labs total funding raised to $68 million.
Japanese startup Thirdverse (previously Yomuneco) has raised $8.5 million in its Series A to make VR games also using blockchain technology.
- August 2020
All previous investors participated, while new investors were Coinbase Ventures, Distributed Global, Valor Capital Group, A.Capital, BlockTower Capital, Blockchange Ventures, EONXI Ventures, Reed Company, Greenfield One, North Island Ventures, Republic Labs, L1 Digital AG and Pirata Capital.
A number of NBA players also invested: Andre Iguodala (Miami Heat), Spencer Dinwiddie and Garrett Temple (Brooklyn Nets), JaVale McGee (Los Angeles Lakers), and Aaron Gordon (Orlando Magic).
The Sandbox developer Pixowl (part of Animoca Brands) has announced a $3 million hard capped public sale of its SAND ERC20 token through Binance Launchpad.
- July 2020
Fantasy soccer game Sorare raises a $4 million seed round, lead by e.ventures. It plans to double both team-size and the number of clubs under license.
Animoca Brands raises $4.1 million, from strategic investors including M7 Asia and Mind Fund. It’s now raised a total of $18 million.
- June 2020
DMarket raises $6.5 million, from Almaz Capital and Xsolla, adds Trip Hawkins to board. It’s now raised a total of $26 million.
- April 2020
Ember Sword dev Bright Star raises $700,000, from Play Ventures and Galaxy Interactive
- March 2020
Horizon Blockchain Games raises $5 million, from Initialized Capital and others. It’s now raised a total of $9 million.
- February 2020
CryptoDozer dev SuperTree raises $2.5 million
- November 2019
Blankos Block Party dev Mythical Games raises $19 million, from Javelin Venture Partners and others. It’s now raised a total of $35 million.
Onboarding tech Bitski raises $3.5 million, from Galaxy Digital, Coinbase and others
Axie Infinity dev Mavis Sky raises $1.5 million, from Hashed and Animoca Brands
- September 2019
Dapper Labs raises $11 million, from Andreessen Horowitz and others. It’s now raised a total of $26 million.
DappRadar raises $2.3 million, from Naspers Ventures and Blockchain Ventures
- July 2019
SkyWeaver dev Horizon Blockchain Games raises $3.75 million, from Initialized and others