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FinTech Series A Founded 2020

Illuvium

Illuvium develops blockchain-based role-playing games built on the Ethereum network, offering an open-world RPG experience where players travel across a vast and varied landscape to hunt, capture, and collect deity-like creatures called Illuvials, each represented as non-fungible tokens (NFTs) that can be traded, battled, and used across the Illuvium gaming ecosystem. The game combines exploration, combat, and…

📍 Sydney, Australia · Investment Tech,

Funding snapshot

Last roundSeries A
Amount$12M
Date27 March 2024
Total raised$60M
Team size53

About

Illuvium develops blockchain-based role-playing games built on the Ethereum network, offering an open-world RPG experience where players travel across a vast and varied landscape to hunt, capture, and collect deity-like creatures called Illuvials, each represented as non-fungible tokens (NFTs) that can be traded, battled, and used across the Illuvium gaming ecosystem. The game combines exploration, combat, and collection mechanics with decentralized ownership, enabling players to truly own their in-game assets through NFT technology and participate in a player-driven economy. Illuvium integrates decentralized finance elements with gaming, allowing players to earn rewards through gameplay, staking, and participation in the game's governance through the Illuvium DAO. The platform encompasses multiple interconnected games and experiences within the Illuvium universe, creating a comprehensive Web3 gaming ecosystem that leverages blockchain technology for transparent asset ownership, decentralized governance, and interoperable gaming experiences. The company targets the growing blockchain gaming market, combining high-quality game design with NFT-based ownership models to attract both traditional gamers and crypto enthusiasts. Founded in 2020 and headquartered in Sydney, Australia, Illuvium has raised approximately $60 million at the Series A stage from investors including Framework Ventures, King River, Arrington Capital, ARCA, Selini Capital, Laser Digital, P2 Ventures, Yield Guild, SevenCapital, 32-Bit Ventures, Spartan Group, GoldenTree, GoldenChain, Animoca Brands, IOSG Ventures, Delphi Ventures, The Hypera, Principle Ventures, and Sandbar Investment.

Business model

Investment Tech > Alternative Investment Platforms > Non Fungible Tokens > Marketplaces > For Gaming NFTs,

PC & Console Gaming > Blockchain Games > NFTs > Strategy Games > Role Play

Institutional investors

Framework Ventures King River Arrington Capital ARCA Selini Capital Laser Digital P2 Ventures Yield Guild SevenCapital 32-Bit Ventures Spartan Group GoldenTree GoldenChain Animoca Brands IOSG Ventures

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