In only 2 weeks,AngelHub’s US$ 2.3M equity crowdfunding campaign for Animoca Brands was fully subscribed. This was part of Animoca Brands total US$38M raise, with a valuation of US$1Bn and achieving unicorn status.
The successful raise will strengthen Animoca Brands place and the vanguard of digital property rights, with capital used to fund strategic investments and acquisitions, product development, and licenses for popular intellectual properties.
AngelHub joins other prominent investors including; Gobi Partners, Samsung Venture Investment Corporation, RIT Capital Partners (formerly Rothschild Investment Trust), Kingsway Capital, Axia Infinity Ventures, HashKey Fintech Investment Fund, and more.
Karen Contet, AngelHub Co-founder & CEO
“AnimocaBrands is the second unicorn AngelHub invests in, a tech investment opportunity usually only available to institutional investors. We continue our mission to provide highly vetted tech investment opportunities from early stage Series A up to tech unicorns to our network of professional investors, validating their appetite to invest in tech companies revolutionizing the way we live. “
Karena Belin, AngelHub Co-founder & COO
“Our investment in Animoca Brands enables our network of professional investors to fuel the growth of a company that is changing market dynamics and driving value creation in an impactful way. We expect significant growth in the adoption of blockchain-powered games and Animoca Brands is ideally positioned to drive and benefit from this – which is reinforced by the traction that the company has among our great pool of investors.”
Details of the capital raise
Animoca Brands has executed Subscription Agreements with various institutional and professional investors to raise a total of US$138,888,888 (approximately A$181.38 million). The equity raising was based on a pre-money valuation of Animoca Brands of US$1 billion (approximately A$1.28 billion).
