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Ubisoft backs Animoca in $65 million funding at $2.2 billion valuation

the sandbox animoca

NFT and games startup Animoca Brands has completed a $65 million round of funding at a $2.2 billion valuation. In July, it raised $138 million at a $1 billion dollar valuation, including from Samsung.

Leading investors include Liberty City Ventures, Ubisoft Entertainment, Sequoia China, Dragonfly Capital, Com2uS, Kingsway Capital, 10T Holdings, Token Bay Capital, Smile Group, Tess Ventures, MSA Capital, Octava Fund, Adit Ventures, Summer Capital, Sigitech Holdings, Black Anthem Ltd, Mirana Corp, and Justin Sun. 

Initially, Animoca focused on building games such as The Sandbox, where the token has a market capitalization of more than $700 million. It also has a number of game and non-fungible token partnerships, including with the Olympics, Formula 1, Manchester City and MotoGP.

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Image Copyright: Animoca