What is Axie Infinity?
Axie Infinity is a prominent gaming platform designed to introduce mainstream gamers to the innovative world of blockchain technology. By integrating play-to-earn mechanics, the platform allows users to collect, breed, train, and battle fantasy creatures called Axies, all of which are non-fungible tokens (NFTs). This unique approach merges engaging gameplay with the potential for real-world economic value, positioning Axie Infinity at the forefront of the decentralized gaming revolution.
How much funding has Axie Infinity raised?
Axie Infinity has raised a total of $159.5M across 2 funding rounds:
Series A
$7.5M
Series B
$152M
Series A (2021): $7.5M with participation from Libertus Capital
Series B (2021): $152M led by Accel and FTX US
Key Investors in Axie Infinity
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth, focusing on supporting innovative companies and entrepreneurs.
FTX US
FTX US is a cryptocurrency exchange built by traders, for traders, offering innovative products including derivatives, options, and tokenized stocks, aiming to be an intuitive yet powerful platform.
Libertus Capital
Libertus Capital is a venture capital firm based in London, specializing in investments within the technology and innovation sectors.
What's next for Axie Infinity?
With a major strategic investment and substantial overall backing, Axie Infinity is poised for accelerated growth and further development. The company is expected to leverage this capital to enhance its gaming ecosystem, expand its user base, and continue its pioneering work in the play-to-earn space. Future initiatives will likely focus on refining the player experience, introducing new game mechanics, and strengthening the underlying blockchain infrastructure to support a growing global community of players and investors.
See full Axie Infinity company page