Animoca Brands Corporation Limited announced that it has raised AUD 159,000,000 in a round of funding co-led by new investors Temasek Holdings (Private) Limited, Boyu Capital Consultancy Co., Ltd., and GGV Capital, LLC on September 8, 2022. The transaction involved participation from returning investors Mirae Asset Venture Investment Co., Ltd.; new investor TGV4 Plus Follow On Fund, and returning investor True Global Ventures 4 Plus Fund, funds managed by returning investor True Global Ventures. The company issued convertible notes in the transaction convertible at a price lower of AUD 4.5, the price per share offered for sale to the public in an IPO, the price per share of the company based on the pre-money valuation of the company in connection with a liquidation event including a sale or merger, and the lowest price per share of the company issued in any equity financing round after issuance of the note and prior to conversion.

The notes have a maturity date of 3 years from the date of issuance. Funds managed by returning investor True Global Ventures invested $17,200,000(AUD 24,861,808.8) in the transaction. The round is raised at a post-money valuation of $5,600,000,000(AUD 8,094,545,454).

The company has raised $800,000,000(AUD 1156,363,200) in funding till date.