Announced
Completed
Financials
Tags
venture capital
Venture Capital
Acquisition
Private
Single Bidder
Friendly
Minority
Domestic
Venture Capital
Hong Kong
Completed
Synopsis
Animoca Brands, a software company and venture capital company, completed a $100m investment in Brinc, a venture accelerator. "Web 3.0 technologies have the potential to democratise access to financial services and information, develop a more inclusive digital economy through aligned value capture mechanisms, and transform global business processes, just as the Internet did. Working with Animoca Brands to support leading companies in this space is an incredible opportunity, and underscores an increasing interest in utilising accelerators to access high-quality startup opportunities at scale," Manav Gupta, Brinc Founder and CEO.
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