Singapore collectibles design company MIGHTY JAXX has completed a $11 million Series A+ round of financing, led by Tencent, with participation from KOREA INVESTMENT PARTNERS and KB INVESTMENT. The purpose of this round of financing is to drive the company's growth in the United States and Europe. MIGHTY JAXX completed a $10 million financing on August 12, 2021. In addition, the company incubated the blockchain technology platform MIGHTYVERSE last year to store information and digital assets in collections, promote the gamified collection experience, and entered the NFT market in April this year, launching two NFT collections paired with physical collections.

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<p>TechFlow reported that Mighty Jaxx, a Singapore-based collectibles design and production company, has completed a $11 million Series A+ round of financing to drive growth in the United States and Europe. </p>
<p>On August 12, 2021, Mighty Jaxx completed a $10 million financing round led by Tencent, with participation from Korea Investment Partners, KB Investment, and others. </p>
<p>Last year, the company incubated the blockchain technology platform MightyVerse, which can store information and digital assets in collections and promote a gamified collection experience. The company has also entered the NFT market, launching two NFT collections paired with physical collections in April this year. </p>
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Singapore's MIGHTY JAXX completes $11 million Series A+ financing