Collectibles design company Mighty Jaxx completes $11 million Series A+ financing

BlockBeats reported that on May 23, Singapore collectibles design and production company Mighty Jaxx completed $11 million in Series A+ financing to drive growth in the United States and Europe.

BlockBeats previously reported that on August 12, 2021, Mighty Jaxx completed $10 million in financing, led by Tencent, with participation from Korea Investment Partners, KB Investment, etc.

Mighty Jaxx is an art toy production company. Since its establishment in 2012, Mighty Jaxx has cooperated with global brands such as Cartoon Network, Warner Bros., DC Comics, Looney Tunes and Sesame Street to produce various toy collectibles. The company incubated the blockchain technology platform MightyVerse in 2020, which can store information and digital assets in collections to promote a gamified collection experience. The company's business currently also involves the NFT market.