What is Mythical?
Mythical operates as a game technology studio, specializing in the development of a decentralized gaming application. This platform is designed to foster direct interaction between game providers and end-users, aiming to create a more engaging and equitable ecosystem. Established in 2018 and based in California, United States, Mythical is positioned at the intersection of gaming and blockchain technology, seeking to redefine digital entertainment through its unique approach.
How much funding has Mythical raised?
Mythical has raised a total of $281M across 3 funding rounds:
Series A
$19M
Series B
$75M
Series C
$187M
Series A (2019): $19M with participation from Divergence Digital Currency, OKCoin, Javelin Venture Partners, and Galaxy Digital
Series B (2021): $75M led by 01a, Westcap, and VaynerFund
Series C (2023): $187M supported by Andreessen Horowitz, Animoca Brands, Ark Invest, and Scytail Digital
Key Investors in Mythical
Andreessen Horowitz
Andreessen Horowitz is a renowned venture capital firm that invests in both early-stage startups and established growth companies, likely bringing strategic expertise to Mythical's expansion.
Animoca Brands
Animoca Brands, a company focused on blockchain gaming and NFTs, provides a strong strategic alignment and potential for synergistic growth within the web3 gaming space.
Ark Invest
Ark Invest, known for its focus on disruptive innovation, likely sees significant potential in Mythical's decentralized gaming model and its impact on the future of the industry.
What's next for Mythical?
With its recent major enterprise-level funding, Mythical is poised for a significant scaling phase. The company's strategic objective likely involves expanding its user base, enhancing its decentralized gaming application's features, and potentially forging new partnerships within the gaming and blockchain industries. This investment signals strong confidence from backers in Mythical's long-term vision and its capacity to capture a substantial share of the evolving digital entertainment market.
See full Mythical company page
