Cointime

Download App
iOS & Android

Amazon Funds Web3-Friendly Studio Superplastic in $20 Million Round

Amazon’s Alexa Fund, the venture capital arm of the tech giant, has led a $20 million Series A-4 funding round for the 3D character studio Superplastic, which creates “synthetic celebrities,” vinyl toys, and has previously released NFT collections on Ethereum and partnered with big brands like Gucci and Epic Games’ “Fortnite.”

Google Ventures, Galaxy Digital, Sony Japan, Animoca Brands, Craft Ventures, and others also participated in the round, bringing Superplastic’s total funding raised to $58 million to date.

As part of the arrangement, Amazon Studios will get a “first-look deal” with Superplastic, which is Hollywood speak for first dibs on any television series or film pitches that feature Superplastic’s characters.

So far, Superplastic has created over 25,000 NFTs across numerous collections, including a PFP collection ($3.2 million in total volume traded) and an NFT collab with Gucci (over $10 million in total volume). Their NFT collection Cryptojankyz, launched back in July 2021, has seen nearly $15.2 million in total volume traded.

Comments

All Comments

Recommended for you

  • Next Step in the Evolution of On-Chain Analysis: New, Granular Cohorts for Key On-Chain Metrics

    Learn about our new suite of metrics and its benefits for your analysis of the digital asset market and applicability to your trading strategies.
  • Vanilla Based Sequencing

    In the design, L2 sequencing is performed by L1 proposers who have opted-in to participate as L2 sequencers and be punished for misbehaviour. The default L2 sequencer is the current slot L1 proposer. If the current L1 proposer has not opted-in to be a part of the rollup protocol, another opted-in L1 proposer is chosen at random to replace them.
  • Decentralized Hedge Fund NFA Labs Receives $10 Million Investment

    Decentralized hedge fund NFA Labs recently partnered with investment fund and asset management company Quantix Capital, receiving a capital commitment of $10 million to develop the ecosystem. The platform aims to bring professionalism and security to the DeFi world of real-world markets. This investment will further improve the NFA platform and expand its global influence, helping NFA Labs achieve its mission of providing accessible, fair, and information-rich resources for cryptocurrency traders.
  • CARV announces completion of $10 million Series A financing, with OKX Ventures participating

    CARV announced the completion of a $10 million Series A financing round, led by Tribe Capital and IOSG Ventures. Consensys, OKX Ventures, Fenbushi Capital, No Limit Holdings, Draper Dragon, Arweave, ARPA, MARBLEX, and others participated in the round. The aim is to build the largest modular data layer for gaming and artificial intelligence, and to maximize data innovation while ensuring that individual users can derive value from internet sharing.Jeff Ren, partner at OKX Ventures, said, "CARV's revolutionary approach is reshaping the way we manage decentralized data. Its modular cross-chain protocol and ID aggregation solution cultivate data sovereignty and integrity while emphasizing security and efficiency. We are excited about this collaboration and look forward to seeing how OKX Web3 products can better collaborate with CARV's advanced cross-chain data layer."
  • DePIN project Natix completes $4.6 million financing

    DePIN project Natix has announced the completion of a $4.6 million financing round, led by Borderless Capital and Tioga Capital, with participation from Laser Digital, Big Brain Holdings, Escape Velocity, IoTeX, WAGMI Ventures, Moonrock Capital, under Nomura Securities (Nomura), as well as a group of angel investors. Natix is a DePIN project focused on map data, and is reportedly about to release tokens and airdrops on Solana.
  • Movement Labs raises $38m to enhance Ethereum ecosystem with Facebook's Move Virtual Machine

    San Francisco-based blockchain development team, Movement Labs, has raised $38m in Series A funding led by Polychain Capital and featuring participation from a range of investors. The funds will be used to bring Facebook’s Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput. Movement Labs aims to tackle smart contract vulnerabilities within the Ethereum ecosystem while introducing a novel execution environment designed for 30,000+ transactions per second.
  • Modular Data Layer for Gaming and AI, Carv, Raises $10M in Series A Funding

    Santa Clara-based Carv has secured $10m in Series A funding led by Tribe Capital and IOSG Ventures, with participation from Consensys, Fenbushi Capital, and other investors. The company plans to use the funds to expand its operations and development efforts. Carv specializes in providing gaming and AI development with high-quality data enhanced with human feedback in a regulatory-compliant, trustless manner. Its solution includes the CARV Protocol, CARV Play, and CARV's AI Agent, CARA. The company is also preparing to launch its node sale to enhance decentralization and bolster trustworthiness.
  • Universal verification layer Aligned Layer completes $20 million Series A financing

    Ethereum's universal verification layer Aligned Layer has completed a $20 million Series A financing round, led by Hack VC, with participation from dao5, L2IV, Nomad Capital, and others. The Aligned Layer mainnet is scheduled to launch in the second quarter of 2024. As the EigenLayer AVS, Aligned Layer provides Ethereum with a new infrastructure for obtaining economically viable zero-knowledge proof verification for all proof systems.
  • InfiniGods, a blockchain game studio, announced that it has received $8 million in Series A funding

    Blockchain game studio InfiniGods announced it has received $8 million in Series A funding, exclusively invested by Pantera Capital.
  • Tevaera Closes $5 Million Funding Round to Create One-Stop Gaming Ecosystem Powered by zkSync's ZK Stack

    Tevaera, a gaming platform powered by zkSync's ZK Stack, has closed a $5 million funding round led by Laser Digital and Nomura Group. The funding will support Tevaera's mission to create a one-stop gaming ecosystem. The project has attracted prominent investors, including Hashkey Capital, Fenbushi Capital, and Crypto.com Capital. Tevaera has also launched a redesigned website and is preparing to introduce two new games and the first decentralized L3 gaming chain on zkSync.