Web3 game company Mythical Games raises 5.3 billion yen from a16z and ARK Invest

Building an in-game electronic market

Web3/blockchain game developer Mythical Games announced on the 27th that it has raised $37 million (¥5.3 billion) in Series C1. The company plans to raise an additional $20-30 million by the end of the year.

We’re proud to announce we’ve secured $37M in this first part of our Series C extension with the support of investors like Scytale Digital, ARK Invest, a16z, and Animoca Brands! https://t.co/8qcnP4GNGT

— Mythical Games (@playmythical) June 27, 2023

The round was led by Scytale Digital, with participation from ARK Invest, Andresseen Horowitz, Animoca Brands and MoonPay. In November 2021, it raised $150 million in a round C led by Andresseen Horowitz.

Mythical Games currently has three game titles released: NFL Rivals, Blankos Block Party, and Nitro Nation: World Tour. Among them, a “Play to Own” smartphone game called NFL Rivals was revealed to have reached 1 million downloads last week.

The company said it will use the new funding to build an in-game electronic marketplace for NFL Rivals.

connection: Mythical Games migrates from Ethereum to Polkadot

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