Australia’s NFT unicorn Immutable, the developer of online game Gods Unchained, will be targeting more mergers and acquisitions (M&As) this year following the recent close of its $200-million Series C round led by Temasek.
Immutable’s Series C financing, which was a full equity round, pegged the firm at a valuation of $2.5 billion. The round was joined by major investors like Animoca Brands and Tencent, as well as new investors ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global.