Timelapse of the Future

True Global Ventures Invests a Total of US$38m in Web3 Leader Animoca Brands

Retrieved on: 
Thursday, September 22, 2022
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True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) today announce a total investment of US$38m including a US$16m bought from the secondary market.

Key Points: 
  • True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) today announce a total investment of US$38m including a US$16m bought from the secondary market.
  • View the full release here: https://www.businesswire.com/news/home/20220922005582/en/
    True Global Ventures invests a total of US$38m in Web3 leader Animoca Brands (Graphic: Business Wire)
    Animoca Brands recently raised a US$110m convertible led by Temasek, Bayou Capital and GGV, where TGV also participated.
  • TGV General Partner Kelly Choo comments, We are happy to invest at scale in Web3, in a leading company like Animoca.
  • Existing portfolio companies include Animoca Brands, The Sandbox, Forge Global, Chromaway, Coinhouse, GCEX, Chronicled, Enjinstarter, Iomob and Dedoco.

Darewise Entertainment and Concept Art House Announce Life Beyond Partnership

Retrieved on: 
Tuesday, June 7, 2022
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BOSTON and PARIS, June 7, 2022 /PRNewswire/ -- Darewise Entertainment, a subsidiary of Animoca Brands and founded by veterans of the AAA video game development, has partnered with Concept Art House (CAH), a leading publisher for some of the world's most recognizable NFTs and video game art to create an NFT collection with powerful in-game utility for Life Beyond.  Named DRAP (D.E.E.P. Robot Autonomous Pet), the unique NFT will provide exclusive owner benefits inside and outside of the game.

Key Points: 
  • NFT publisher Concept Art House will design a special NFT called DRAP (D.E.E.P.
  • We cannot wait for the more than 1M NFT owners who participated in our first airdrop to see the amazing NFT collection Concept Art House is creating for them as well as new players wanting to explore Life Beyond," said Benjamin Charbit, Co-Founder and CEO of Darewise Entertainment.
  • "It's truly astonishing how rapidly NFTs have been immersed into the gaming and Web 3 experience and what Darewise is creating with Life Beyond is going to propel this interactivity to a whole new level," said James Zhang, CEO of Concept Art House.
  • Since 2007, Concept Art House (CAH) has provided art for some of the most popular and successful companies in the world.