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Ann: Leads investment into Sky Mavis, maker of Axie Infinity, page-249

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anotheraussie

257 Posts.

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27/07/21

13:14

Post #: 54806628
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Originally posted by anotheraussie: ↑

When you say Animoca;- "was one of the investors in the second round which was 10% of the Sky Mavis equity. I would guess they are holding between 3.5 and 7% of Sky Mavis", where did you research this information from?
Animoca did not even mention in any news release of its 2nd round investment in Sky Mavis.
I did find this though, which mentions Animoca did actually participate in the 2nd round of funding;-

https://www.techinasia.com/mark-cuban-libertus-capital-join-vietnamese-gaming-startup-sky-mavis-75m-series-a-round

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Sorry Snell, last paragraph in the above release mentions the 10% of Sky Mavis equity;-

The co-founder says the new US$7.5 million funding, which amounts to 10% of equity, will be used to scale the team aggressively and enhance the technology that can make NFT games such as Axie be more accessible to everyone.

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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