NFT gaming startup Immutable, has cut its staffing for a second time in six months, shedding another 11% of its team. Another 32 roles will go, on top of 20 positions cut in July last year, less than a year after the Sydney startup burst to prominence as fast-growing tech unicorn. In March last year… Read more »
Sydney NFT gaming startup Immutable, has cut 20 staff from its team, less than five months after raising $280 million. CNET’s Jackson Ryan reports that Immutable CEO and cofounder James Ferguson announced the cuts, which account for around 6% of total staffing, at an all-hands meeting held via Google Meet on Monday. Staff were offered… Read more »
Sydney NFT gaming startup Immutable has raised $280 million in a Series C that values the business at $3.5 billion. The round was led by Singapore’s sovereign fund Temasek, with support from Hong Kong-based gaming software firm Animoca Brands, as well as Chinese video gaming giant Tencent. New investors include ParaFi Capital, Princeville Capital, Arrington… Read more »
Sydney NFT tech startup Immutable is partnering with NYSE-listed gaming giant GameStop to develop the world’s largest gaming marketplace for gamers to buy, sell and trade in-game assets. As part of the deal, the two companies are looking to launch a fund worth up to US$100 million for NFT gaming projects. GameStop will use the… Read more »
Sydney gaming startup Immutable is hoping to become the world’s leading trading platform for non-fungible tokens (NFTs) after raising $82 million in a series B. The business, founded by brothers James and Robbie Ferguson, in 2018, already has a reputation for its NFT games, Gods Unchained and Guild of Guardians and earlier this year launched… Read more »
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