Animoca's The Sandbox to invest $50m in Brinc for metaverse accelerator

(From left to right): Manav Gupta, Brinc founder and CEO, and Yat Siu, the executive chairman and co-founder of Animoca Brands. Source: Brinc, Animoca Brands

The Sandbox, a decentralised gaming metaverse and a subsidiary of Animoca Brands, has committed to invest $50 million in Brinc, a global venture accelerator, for The Sandbox Metaverse Accelerator Programme.

The accelerator is targeting to support 100 startups, according to an announcement.

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