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MIGHTY JAXX Completes $11 Million Series A+ Funding to Expand Business in the U.S. and Europe

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Odaily
419Words
May 22, 2024

Singapore collectibles design and production company MIGHTY JAXX has completed an $11 million Series A+ financing round to drive its business growth in the United States and Europe. Since its establishment in 2012, the company has worked with global brands such as CARTOON NETWORK, Warner Bros., DC Comics, LOONEY TUNES and Sesame Street to produce various collectibles. In 2021, MIGHTY JAXX completed a $10 million financing round led by Tencent, with participation from KOREA INVESTMENT PARTNERS, KB INVESTMENT and others. Last year, the company incubated the blockchain technology platform MIGHTYVERSE to store information and digital assets in collections and promote a gamified collection experience. It also entered the NFT market in April this year and launched two NFT collections paired with physical collections.

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