TechFlow news — NFT development and investment firm Animoca Brands has raised $75.32 million at a pre-money valuation of $5.9 billion, with participation from Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, and Cosmic Summit Investments Limited.
The funds will be used to continue financing strategic acquisitions, investments, and product development, obtain licenses for popular intellectual properties, and advance open virtual worlds. Earlier this year in January, Animoca Brands raised $358.8 million at a $5 billion valuation.




