Total funding for games and blockchain platform now $35 million
Blockchain game outfit Mythical Games has raised $19 million, taking its total funding to $35 million.
This follows the $16 million it raised in 2018 through Seed and Series A rounds.
The lead investor was Javelin Venture Partners, with new investors including Avon Ventures, Alumni Ventures, and Hashed.
Existing investors Galaxy Digital via its Galaxy EOS VC Fund and Struck Capital also participated.
Go ambitions
Mythical’s first release – user-generated content PC MMO game Blankos Block Party using EOSIO – is now scheduled for a H1 2020 release.
As well as its games, Mythical is also working on a technology platform to enable other developers and brand owners to build blockchain games and take advantage of ‘player-led economies’.
“Since investing in Mythical’s Series A round last year, we have been incredibly impressed by the team’s execution on the build out of Blankos Block Party and the Mythical Platform,” commented Javelin’s Alex Gurevich, who joins Mythical’s board.
“The Blankos gameplay is fun, rich, and engaging. It demonstrates the enrichment player-owned economies can have on a game and we cannot wait for gamers to try it.”
Based in Seattle and LA, the 30-strong team has also bolstered its executive team: hiring Jeff Poffenbarger (ex-Oculus) as COO; Pete Hawley (Telltale, Zynga, EA) as chief product officer; Nicole Yang (ex Telltale, Zynga) as VP Marketing; and Greg Deutsch (ex-Activision) as general counsel.
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