Metaverse Funding and Acquisitions Takeoff

Nov 5, 2021 • 10 Min Read

Key Takeaways

  • Metaverse projects raised an aggregate $287 million in capital this week, payments and investment platforms raised $153 million, new venture capital funds created brought in $240 million and M&A activity reached $970 million this week.
  • Deal of the Week: Digital Currency Group sells shares worth $700 million to Softbank and Alphabet among other investors at $10 billion valuation
  • Active investors this week include SoftBank, Alameda Research, AU21 and Animoca Brands

Venture Capital Deals

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