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Mythical Games Raises $37M in Series C Funding Round, Eyes Profitability in 2023
Gaming firm Mythical Games has just raised $37 million in a Series C1 funding round. According to the announcement, the firm plans to raise an additional $20 million to $30 million in the coming months to bring the round to a close.
The Series C1 extension round was led by Scytale Digital. However, previous investors Andreessen Horowitz, WestCap, Struck Capital, Signum Growth, and Gaingels also participated in the round. New investors such as Ark Invest, Moonpay, Animoca Brands, Proof VC, and Stanford Athletics, were also in the mix to contribute to the round.
With the new funding, Mythical Games will continue to maintain its unicorn status as its valuation remains above $1 billion.
Mythical Games to Open New Marketplace
Mythical Games is seeking to use the new funds to bolster its plans to grow and become profitable. To this end, it will focus a major share of the fund on launching a new marke
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