TechFlow news — Singapore-based collectibles design and manufacturing company Mighty Jaxx has raised $11 million in an A+ funding round to drive expansion in the United States and Europe.
On August 12, 2021, Mighty Jaxx secured $10 million in funding, led by Tencent, with participation from Korea Investment Partners, KB Investment, and others.
Last year, the company incubated MightyVerse, a blockchain technology platform that stores information and digital assets within collectibles, advancing gamified collecting experiences. The company has also entered the NFT market, launching two NFT collectibles paired with physical items in April this year.
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