TechFlow news, October 10 — According to Cryptopolitan, Animoca Brands released its Q3 investment report, revealing that the company invested in 21 projects over the past three months, tying with Robot Ventures—focused on L2 and crypto AI startups—as the most active investor. Around one-third of these funding rounds were early-stage or seed rounds, while 37.35% were undisclosed.
Although overall fundraising activity has slowed compared to the 2021 bull market, 2024 shows signs of recovery compared to the same period in 2023. Over the past six months, Animoca Brands completed 55 deals—double the industry average. The firm typically invests between $3 million and $10 million per deal, accounting for roughly one-third of all VC transactions. In September 2024 alone, the company invested in five GameFi projects, raising a total of $38.95 million. The largest was its participation in Balance (EPT)'s $30 million funding round led by a16z.
Animoca Brands currently manages over $291 million in assets and holds approximately $1.8 billion in token reserves. Its portfolio includes 141 assets, featuring well-known tokens such as TON, SHIB, IMX, and MATIC, with a total market value reaching $6.04 billion.
