Mythic Games announces a $ 150 million increase as the company expands into NFT

Mythic Games has announced the end of a $ 150 million fundraising round. The company carried out a raise with a valuation of $ 1.25 billion on Thursday, led by global venture capital firm Andreessen Horowitz.

Mythical plans to use this new funding to incorporate NFT into the game. Andreessen’s General Partner Arianna Simpson said in a statement:

“Co-founders John, Jamie and Rudy have extensive experience in the gaming world and have built a world-class team to support their vision. We look forward to working with you to take NFT gaming to the next level. “

Other investors in the group are the venture capital firms D1 Capital, 32 Equity (the investment arm of the National Football League), RedBird Capital, Com2Us and The Raine Group as well as the crypto exchanges FTX and Binance Labs. A number of professional sports franchise owners also participated, including Jonathan Kraft of the New England Patriots and Michael Gordon of the Boston Red Sox. Ryan Tedder from OneRepublic said:

“As an early believer and investor in blockchain technology and NFT, and an early fan of video games, I am excited to help a company that not only understands where the world is, with games and technology, but also with its location. “

Mythical had announced a $ 75 million spin back in June, the same month that Andreessen Horowitz launched its largest crypto venture fund of all time. That fund led a quarter of a billion Series Cs for the Alchemy blockchain platform in October.

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