# Sky Mavis PTE.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sky-mavis-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.skymavis.com
- Total disclosed funding: $186M
- Latest round: Series C (Jul 14, 2023)
- Investors on record: 25

## About

Based in Singapre, and founded in 2019, Sky Mavis PTE. LTD operates as a blockchain technology company that develops virtual worlds and marketplaces for trading digital assets. In July 2023, Sky Mavis PTE. LTD raised venture funding from Andreessen Horowitz. The company has raised a total of USD 161 million in funding. Trung Nguyen is the CEO of Sky Mavis PTE. LTD.

Sky Mavis PTE. LTD provides Axie Infinity, Marketplace, Hub, Wallet, and Ronin. Axie Infinity is the company's gamified trading product that enables users to breed, battle, and trade non-fungible tokens (NFTs) called Axies. The Marketplace is the company’s platform where individuals can sell and buy games. Hub is a company’s platform when one can make teams and play games. Wallet is the digital passport for the players while Ronin is the company’s proprietary blockchain.

Sky Mavis PTE. LTD plans to use its proceeds from series B funding to expand its team, scale infrastructure and build its own distribution platform.

## Funding rounds

- Series C, Jul 14, 2023, $11M — Accel, Andreessen Horowitz, 500 Global, Animoca Brands Corporation Limited, YZi Labs, Paradigm, Dialectic AG
- Series B, Dec 27, 2021, $166M — Accel, Andreessen Horowitz, Samsung NEXT Ventures, SNO Ventures, Libertus Capital, Fabric Ventures, FTX Trading Ltd., Konvoy Ventures, Paradigm, 776, Standard Crypto
- Series A, May 11, 2021, $7.6M — 500 Global, Collaborative Fund, Backed VC, BlockTower Capital, Libertus Capital, Fabric Ventures, Pangea Blockchain Fund, Konvoy Ventures, Coingecko, Tanuki Tech, Alliance, Animoca Brands
- Seed, Nov 8, 2019, $1.5M — 500 Global, Animoca Brands Corporation Limited, ConsenSys Ventures, Hashed Ventures, Pangea Blockchain Fund, Tanuki Tech

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A, Series C
- Animoca Brands Corporation Limited — Seed, Series C
- ConsenSys Ventures (https://capitalatlas.ai/funds/consensys-ventures) — Seed
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Seed
- Pangea Blockchain Fund (https://capitalatlas.ai/funds/pangea-blockchain-fund) — Seed, Series A
- Tanuki Tech — Seed, Series A
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series A
- Backed VC (https://capitalatlas.ai/funds/backed-vc) — Series A
- BlockTower Capital (https://capitalatlas.ai/funds/blocktower-capital) — Series A
- Libertus Capital (https://capitalatlas.ai/funds/libertus-capital) — Series A, Series B
- Fabric Ventures (https://capitalatlas.ai/funds/fabric-ventures) — Series A, Series B
- Konvoy Ventures (https://capitalatlas.ai/funds/konvoy-ventures) — Series A, Series B
- Coingecko — Series A
- Alliance (https://capitalatlas.ai/funds/alliance) — Series A
- Animoca Brands (https://capitalatlas.ai/funds/animoca-brands) — Series A
- Accel (https://capitalatlas.ai/funds/accel) — Series B, Series C
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B, Series C
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series B
- SNO Ventures (https://capitalatlas.ai/funds/sno-ventures) — Series B
- FTX Trading Ltd. — Series B
- Paradigm (https://capitalatlas.ai/funds/paradigm) — Series B, Series C
- 776 (https://capitalatlas.ai/funds/776) — Series B
- Standard Crypto — Series B
- YZi Labs (https://capitalatlas.ai/funds/yzi-labs) — Series C
- Dialectic AG — Series C