# Animoca Brands KK

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/animoca-brands-kk

- Industry: Internet
- Headquarters: Tokyo, Japan
- Website: www.animocabrands.co.jp
- Total disclosed funding: $8.6M
- Latest round: Seed (Feb 15, 2022)
- Investors on record: 5

## About

Founded in 2021 and based in Tokyo, Japan, Animoca Brands KK is a subsidiary of Animoca Brands Co., Ltd. and operates as a developer platform for blockchain and NFT related to WEB3.0 technology. In August 2022, Animoca Brands KK raised USD 45 million in venture funding from Animoca Brands Corporation Limited and MUFG Bank, valuing the company at USD 500 million pre-money. As of 2022, Motoki Tani is the CEO of the company.

The company provides a platform that utilizes blockchain technology and provides a mechanism where intellectual property and IP holders such as major publishers, brands, education, sports organizations, athletes, artists, and game companies can have their own ecosystem on Web 3.0 and issue NFTs and tokens within it. The firm's partners include Kodansha, MCP, MUFG, WIT Studio, Anamoly Inc., MAD World, and more.

The organization plans to use the August 2022 funding to continue to secure licenses for popular intellectual properties, develop internal capabilities, and promote the adoption of Web3 to multiple partners, increasing the value and utility of their branded content while fostering the development of a safe and secure NFT ecosystem in Japan.

## Funding rounds

- Seed, Feb 15, 2022, $8.6M — Sumitomo Mitsui Banking Corporation, Animoca Brands Corporation Limited, Kodansha, Nishi-Nippon Railroad, MCP

## Investors

- Sumitomo Mitsui Banking Corporation — Seed
- Animoca Brands Corporation Limited — Seed
- Kodansha — Seed
- Nishi-Nippon Railroad — Seed
- MCP (https://capitalatlas.ai/funds/mcp) — Seed