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CryptoKitties Creator Set for Expansion with $15M in Fresh Capital

Published 11/05/2018, 07:42 AM
Updated 11/05/2018, 09:00 AM
© Reuters.   CryptoKitties Creator Set for Expansion with $15M in Fresh Capital
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Dapper Labs, the company made famous by its CryptoKitties, has collected $15 million from investors such as GV (the new name of Google (NASDAQ:GOOGL) Ventures), SamsungNEXT, and Andreessen Horowitz in a financing round led by venture capital outfit Venrock, according to a press release.

The fund-raiser expanded the group of backer with the addition of Hollywood talent agency William Morris Endeavor and esport-focused venture aXiomatic. With the latest contributions, the total amount raised so far by the CryptoKitties creator has exceeded $27 million.

The Canadian-based company plans to invest the funds in its expansion, which will include launching a subsidiary in Los Angeles and adding some big names to its team in Canada. In addition, Dapper Labs intends to develop new games and entertainm...


This article appeared first on Cryptovest

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