Australia-Listed Gaming Firm Icandy Raises $29M In Animoca Brands-Led Funding
11/24/21, 7:58 AM
Money raised
$29 million
iCandy Interactive, an ASX-listed mobile games and entertainment group, has announced raising A$40 million (about $29 million) from institutional investors led by gaming major Animoca Brands, via an oversubscribed placement.
Company Info
Additional Info
The company and its subsidiaries offer a broad portfolio of game products, both centralised and decentralised, branded and original, with coverage across most primary platforms. In a disclosure, iCandy said proceeds from the placement will be used in part to finance its 100% acquisition of Lemon Sky Animation and for general working capital. iCandy has its core business in the development and publishing of mobile games and digital entertainment for a global audience.