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Ethernal Labs Raises $20 Million In Seed Round To Continue Building An Nft Tech, Metaverse, And Play-2-Earn Gaming Giant Based On Ethernity’s Licensed Ip

Feb 10, 2022over 3 years ago

Amount Raised

$20 Million

Round Type

seed

Los Angeles

Description

Ethernity, the original authenticated (aNFT) platform, is excited to announce Ethernal Labs, a first-of-its-kind incubator and technology studio leveraging the interactivity and utility of web 3 technologies. The announcement follows a $20 million raise during its seed round, with investors including Riot Games Head of Creative and former League of Legends Lead Producer Thomas Vu, Fanatics owner Michael Rubin, former Google CEO Eric Schmidt, Kenetic, Black Edge Capital, Morningstar Ventures, Ripple, Algorand, Banter Capital and Polygon Studios, among others.

Company Information

Company

Ethernal Labs

Location

Los Angeles, California, United States

About

Plus, Ethernal Labs is pioneering cross chain interoperability across its verticals.“Ethernal Labs is the frontrunner in connecting renowned IPs and P2E Gaming, enabling brands and artists to redefine ownership and engagement through blockchain technology,” said Thomas Vu, exec producer of Arcane and League of Legends.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech