Kumar Sangakkara
Funding

An esports metaverse startup cofounded by cricketer Kumar Sangakkara just raised $3.2 million in Seed funding

- September 5, 2022 2 MIN READ

Cricketing Hall of Fame batsman Kumar Sangakkara has cofounded an esports platform that’s raised US$2.5 million (A$3.2m) in Seed funding to play sport in the metaverse. The round was led by new Singapore-based investment firm Hangar X, plus several sports and web3 investors, including US-based Nucleus Advisors founder Jordan Waxman,  Perth-based 5point8 Capital director Mark D’Alessandro… Read more »

Cryptocurrency

$6bn NFT gaming venture Animoca Brands fined for failing to lodge 3 years of financial returns with ASIC

- July 1, 2022 2 MIN READ

Animoca Brands, the digital entertainment, cryptocurrency metaverse and blockchain company thrown off the ASX in 2020, has been fined $50,000 following legal action by corporate regulator ASIC after it failed to lodge annual and half-yearly financial reports between 2019 and 2021. The company failed to appear before the Downing Centre Court on June 21 and… Read more »

Funding

Brisbane music tech startup Splash, which created a smash hit game in Roblox, scores backing from Amazon’s Alexa fund in $27 million series A

- November 3, 2021 3 MIN READ

Splash, a Brisbane music technology startup that created a music-making game in Roblox, has raised $27 million in a Series A funding. The round was co-led by Amazon’s Alexa Fund and BITKRAFT Ventures with participation from Australian venture investor King River Capital and Khosla Ventures. In Splash, players earn fame by performing to live audiences… Read more »