Imaginary Ones secures new funds for Web3 ambitions with Bubble Rangers hitting 2M downloads
May 02, 2024•over 1 year ago
Amount Raised
$1 Million
Round Type
seed
Investors
Mh VenturesEd3 N VenturesPolygon VenturesAnimoca BrandsCypher Capital
Description
Imaginary Ones has secured new investments for its Web3 ambitions through an oversubscribed funding round, while its mobile game Bubble Rangers has surpassed two million downloads. The funding round was led by Cypher Capital, along with investors such as Animoca Brands, Polygon Ventures, ED3N Ventures, and MH Ventures.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers