Tech Company Financing Transactions
LootMogul Funding Round
LootMogul closed a $200 million funding round on 9/16/2022. Investors included Global Emerging Markets.
Transaction Overview
Company Name
Announced On
9/16/2022
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding is expected to help in provide the financial flexibility to help in strategic development plans for LootMogul's metaverse which includes building meta (virtual) sports cities around the world with real world benefits, brands & professional athletes on a true cross metaverse & blockchain (multi-chain) platform on multiple devices such as Oculus, HoloLens, Web, Mobile & Console.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
3301 Ocean Park Blvd. 205
Santa Monica, CA 90405
USA
Santa Monica, CA 90405
USA
Phone
Undisclosed
Website
Email Address
Overview
LootMogul is an athlete-led sports metaverse (web 3 platform) that is powered by virtual real estate, training academies, blockchain games, commerce (NFTs), and in-real-life (IRL) rewards. LootMogul is expanding the web3 community by bringing web 2 gamers and sports fanatics to the metaverse with a play-to-earn model, real-world perks, experiences, and NFT collections.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Raj Rajkotia
Chief Operating Officer
Kuntal Sampat
Browse more venture capital transactions:
Prev: 9/16/2022: NebulaGraph venture capital transaction
Next: 9/17/2022: AOA Dx venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs