CryptoKitties team lands $15M investment

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dapper-labs

Dapper Labs, the company behind the industry changing Blockchain Game, CryptoKitties, just announced that they raised ANOTHER $15M in VC funds. This is on top of  their previous raise of $12M bringing their total to $27M raised in under a year! Incredible!

Dapper Labs spawned out of parent company Axiom Zen back in 2017 when their CryptoKitties blockchain game went viral. This week, they announced the new funding round was led by Venrock, and joined by Google Ventures, SamsungNEXT and Andreessen Horowitz (a16z), as well as names not normally associated with venture investing, such as the talent agency William Morris Endeavor and e-sports firm aXiomatic.

In an interview with CoinDesk, Venrock partner David Pakman struck a bullish tone on what he sees as a massive collectibles market being created in the digital world.

“For the first time we can make scarce digital items, and I think that can usher in a mega-market of digital collectibles,” says Venrock partner David Packman.

The team at Dapper Labs are promising more games on the horizon, as well as some big brand partnerships. They also announced the official launch of their corporate website: https://www.dapperlabs.com/. And they also teased us with a new project which is currently shrouded in mystery: https://www.whatisdapper.xyz/

It’s exciting times for the blockchain games market. It’s hard to believe how far it’s come in under a year. For the CryptoKitties to raise $27M in a matter of a few months is big for the whole industry. It’s validation that what we’re all doing is important. And all of this means that we’re in for another exciting and crazy year ahead full of innovations in the blockchain game space.


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