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19 September 2021

Immutable Raises $60M to Scale NFTs on Ethereum

Immutable Raises $60M to Scale NFTs on Ethereum


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Immutable, the team behind the first Layer 2 scaling solution for NFTs on Ethereum, has raised $60 million in a Series B funding round co-led by BITKRAFT Ventures and King River Capital.

The raise was co-led by BITKRAFT Ventures and King River Capital, with participation from Alameda Research, Prosus Ventures, Galaxy Interactive, Fabric Ventures, AirTree Ventures, Reinventure, Apex Capital, and VaynerFund.

Immutable’s flagship product is Immutable X, the first NFT-focused Layer 2 scaling solution on Ethereum.

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