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New Deal


Announced

Completed

Andreessen Horowitz led a $150m Series C round in Mythical Games.

Financials

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Transaction Value£109m
Consideration TypeCash
Capital Owned-
Capital Bid For12%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

Completed

Venture Capital

Minority

Friendly

Domestic

gaming technology

United States

Gaming

Single Bidder

Private

video game developer

Synopsis

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Andreessen Horowitz led a $150m Series C round in Mythical Games, a gaming technology studio, with participation from D1 Capital, RedBird Capital, The Raine Group, Binance and FTX. "Mythical Games played a formative role in the development of play-to-earn concepts, and has clearly established itself as a top player among gaming technology studios, attracting mainstream players with its distinctive design and quality gameplay. Co-founders John, Jamie, and Rudy have a wealth of experience in the gaming world, and have built a world-class team to support their vision. We're thrilled to partner with them to bring NFT gaming to an even larger stage," Arianna Simpson, Andreessen Horowitz General Partner.

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