Australia's NFT unicorn Immutable eyes M&As after Temasek-led $200m Series C

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.

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