Animoca Brands

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Animoca Brands Corporation Ltd
TypeLimited company
IndustryVideo games, venture capital, blockchain
Founded2014[1]
FoundersYat Siu
Headquarters
Cyberport, Telegraph Bay
,
Hong Kong
Key people
Robby Yung, Yat Siu
ProductsThe Sandbox, Power Rangers: Battle for the Grid, F1® Delta Time, Beast Quest Ultimate Heroes, Crazy Defense Heroes
Revenue669.6M (Jan-Sept. 2021)[2]
Websiteanimocabrands.com

Animoca Brands (Animoca Brands Corporation Ltd) is a Hong Kong-based game software company and venture capital company founded 2014 by Yat Siu.

It was listed on the Australian Securities Exchange from 23 January 2015 to 9 March 2020.[3][4]

Notable video games[]

Animoca Brands has also licensed games and applications for: Snoop Dogg,[5] Atari,[6] Care Bears,[7] Snoopy, Pretty Pet Salon, Wonder Park,[8] Addams Family,[9] Doraemon, Thomas & Friends, Bratz, Astro Boy, Ben 10, Melbourne City FC, Manchester City FC,[10] Fan Controlled Football,[11] the MLB, the WWE,[12] MotoGP,[13] Formula E,[14] and the Formula One.[15]

Holdings[]

Animoca Brands' holdings include MetaMask, OpenSea, Axie Infinity, CryptoKitties, Atari, Veloce Racing.

History[]

On November 15, 2011, mobile games developer Animoca raised an undisclosed amount of funding in a Series A round led by Intel Capital and IDG-Accel (which tapped its China Growth Fund III).[16] In 2014 Animoca Brands was spun out from Animoca, and the new entity listed on the Australian Securities Exchange in January 2015.[17]

On 15 August 2018, Animoca Brands raised a $1 million investment from Sun Hung Kai and $0.5 million from strategic partner Lympo.[18] On 18 December 2018, Animoca Brands announced that it had completed a US$547,000 placement to institutional and sophisticated investors, a portion of which would be applied towards funding its investment in artificial intelligence accelerator Zeroth.ai.[19]

In May 2019, Animoca Brands raised $2.5 million to fund the development of a blockchain version of the video game The Sandbox based on user-generated content.[20] Then, in March 2019, Animoca Brands raised another $2.01 million in cash and cryptocurrency for The Sandbox from investors that included Square Enix, B Cryptos, and True Global Ventures.[21]

On 9 March 2020 Animoca Brands delisted from the Australian Securities Exchange.[4]

In September 2020 Animoca Brands launched the blockchain racing ERC-20 utility token "REVV" on Uniswap, which was subsequently listed on various other exchanges.[22]

In May 2021 Animoca Brands raised a first tranche of US$88,888,888[23] followed in July 2021 by a second tranche of US$50 million, both of which were based on valuation of US$1 billion.[24][25][26] In October 2021 Animoca Brands raised $65 million at a valuation of $2.2 billion from Ubisoft, Sequoia Capital and others.[27][28] In November 2021 SoftBank led a $93 million investment in Animoca Brands' The Sandbox.[29]

In December 2021 Binance and Animoca Brands launched a $200 million investment program to offer funding for blockchain games.[30]

In January 2022 Animoca Brands raised $358.8M at $5B valuation led by Liberty City Ventures.[31]

References[]

  1. ^ "Animoca Brands: Revolutionizing the branded mobile gaming industry".
  2. ^ "Metaverse player Animoca Brands releases unaudited numbers". Australian Financial Review.
  3. ^ "Hong Kong-based mobile gaming company Animoca Brands to list on the Australian stock market (ASX)". EntrepreneurHK. January 28, 2015.
  4. ^ a b Newell, Elisha (March 10, 2020). "Animoca Brands (ASX:AB1) delisted from ASX". The Market Herald.
  5. ^ Hake, Mark (November 11, 2021). "7 Interesting Metaverse Cryptos That Might Be Worthwhile Tokens". Nasdaq.
  6. ^ Tsagkarakis, George. "ATARI VCS to be The First Console to Support Blockchain Games". egamers.io.
  7. ^ "Care Bears Take On 'The Sandbox'". License Global.
  8. ^ George, Tharun. "Animoca Brands launches new mobile game based on Wonder Park film". Proactive Investors.
  9. ^ Nelson, Jared. "'The Addams Family Mystery Mansion' is an Upcoming Mobile Game Based on the Upcoming Addams Family Animated Movie". TouchArcade.
  10. ^ "Animoca Brands team up with City and Melbourne City".
  11. ^ https://venturebeat.com/2022/01/12/fan-controlled-football-raises-40m-for-specator-controlled-football-games/
  12. ^ Powell, John. "Animoca, nWay sign deal with WWE". Slam Wrestling.
  13. ^ "Animoca Brands to develop MotoGP™ blockchain Manager game". MotoGP.
  14. ^ https://www.fiaformulae.com/en/news/2021/august/introducing-formula-e-high-voltage
  15. ^ Cook, Oliver (March 29, 2019). "Formula 1 blockchain game 'F1 Delta Time' in development by Animoca Brands". AYO.news.
  16. ^ "Mobile Games Publisher Animoca Raises Funding From Intel, IDG-Accel". Techcrunch. November 15, 2011.
  17. ^ "Animoca Brands Revolutionizing the branded mobile gaming industry". The Silicon Review. Retrieved December 5, 2021.
  18. ^ Tharun, George (August 15, 2018). "Animoca Brands secures investment from renowned Asian financial powerhouse". Proactive.
  19. ^ Abudheen K, Sainul (December 18, 2017). "Animoca Brands to invest US$766K in Artificial Intelligence accelerator Zeroth.ai". e27.
  20. ^ Takahashi, Dean (May 22, 2019). "Animoca Brands raises $2.5 million for The Sandbox blockchain gaming platform". VentureBeat. Retrieved December 5, 2021.
  21. ^ Takahashi, Dean (March 19, 2020). "The Sandbox raises $2 million more to build out blockchain-based game world". VentureBeat. Retrieved December 5, 2021.
  22. ^ Sharma, Deepak (August 26, 2021). "Animoca Brands to list REVV token on OKEx". Proactive.
  23. ^ Chan, Michelle (May 13, 2021). "Hong Kong blockchain gaming group Animoca Brands claims unicorn status". Nikkei Asia.
  24. ^ Sinclair, Sebastian (July 1, 2021). "Animoca Completes Funding Round, Gets an Extra $50M From Coinbase, Samsung". Nasdaq.
  25. ^ Takahashi, Dean (May 13, 2021). "Animoca Brands raises $88 million at $1 billion valuation to capitalize on game NFTs". VentureBeat.
  26. ^ "Animoca Brands completes US$138.88m capital raise with second tranche of US$50m".
  27. ^ Takahashi, Dean (October 20, 2021). "Animoca Brands raises $65M at $2.2B valuation from Ubisoft and others". VentureBeat.
  28. ^ Macdonald, Anthony (October 20, 2021). "ASX pariah Animoca Brands worth $2.9b, Sequoia China buys in". The Australian Financial Review.
  29. ^ Hu, Krystal (November 2, 2021). "SoftBank leads $93 MLN investment in NFT gaming firm the Sandbox". Reuters.
  30. ^ Takahashi, Dean (December 2, 2021). "Binance Smart Chain and Animoca Brands launch $200M investment program for blockchain games". VentureBeat.
  31. ^ https://www.forbes.com/sites/justinbirnbaum/2022/01/17/blockchain-gaming-company-animoca-brands-raises-360-million-in-quest-to-build-the-open-metaverse/?sh=34b5dbac4f37/

External links[]

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