Ethernal Labs Raises $20 Million In Seed Round To Continue Building An Nft Tech, Metaverse, And Play-2-Earn Gaming Giant Based On Ethernity’s Licensed Ip
Ethernal Labs Raises $20 Million In Seed Round To Continue Building An Nft Tech, Metaverse, And Play-2-Earn Gaming Giant Based On Ethernity’s Licensed Ip
02/10/22, 2:00 PM
Location
los angelesMoney raised
$20 million
Round Type
seed
Ethernity, the original authenticated (aNFT) platform, is excited to announce Ethernal Labs, a first-of-its-kind incubator and technology studio leveraging the interactivity and utility of web 3 technologies. The announcement follows a $20 million raise during its seed round, with investors including Riot Games Head of Creative and former League of Legends Lead Producer Thomas Vu, Fanatics owner Michael Rubin, former Google CEO Eric Schmidt, Kenetic, Black Edge Capital, Morningstar Ventures, Ripple, Algorand, Banter Capital and Polygon Studios, among others.
Company Info
Location
los angeles, california, united states
Additional Info
Plus, Ethernal Labs is pioneering cross chain interoperability across its verticals.“Ethernal Labs is the frontrunner in connecting renowned IPs and P2E Gaming, enabling brands and artists to redefine ownership and engagement through blockchain technology,” said Thomas Vu, exec producer of Arcane and League of Legends.