TechFlow news — Web3 gaming development company Mythical Games has raised $37 million in a Series C1 funding round led by digital asset management firm Scytale Digital. Participants in the round include Andreessen Horowitz, WestCap, Gaingels, Signum Growth, Struck Capital, ARK Invest, Animoca Brands, PROOF, Stanford Athletics, and MoonPay.
In addition to expanding its games and audience reach, Mythical Games intends to use the funds to achieve profitability. The company plans to raise an additional $20 million to $30 million later this year to close out this funding round.




