AAA Deal Roundup: Magic Eden Ventures invests in 11 companies

Deal Roundup: Magic Eden Ventures invests in 11 companies

Man in VR with game riffle playing video game
Man in VR with game riffle playing video game

Funds

Specialty insurance provider Amwins made a minority investment in Rhodian, an Australia-based startup incubator focusing on managing general agents.

Funding

US-based NFT-equipped video game studio Magic Eden’s corporate venturing arm, Magic Eden Ventures, has invested an undisclosed amount in 11 Web3 gaming platforms: Strider, Neowiz, Matchday, BR1, Epic League, Blockstars, Ring Games, Intella X, Lucky Kat, Rooniverse and Bunch.

CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestors
AstroscaleProvider of orbit debris removal services IndustrialJapanG7627/02/2023Mitsubishi Electric, Mitsubishi Corporation, FEL Corporation; Mitsubishi UFJ Bank, Development Bank of Japan, Yusaku Maezawa
FlockData-based insurance provider for automotive fleetsFinancialUKB3827/02/2023Commerzbank (CommerzVentures); Octopus Ventures (lead), Social Capital, Dig Ventures, Anthemis, Foresight Ventures
XL BatteriesDeveloper of organic flow battery technology Energy and Natural ResourcesUSSeed1023/02/2023Xerox (Xeros Ventures); Catalus Capital (lead), SIP Global, Jeffrey Schwarz, Joel Greenblatt, Robert Goldstein
Funkey Team building event planning serviceServicesBelgiumN/A1.0523/02/2023ING; PMV, five unnamed angel investors
P2 Science Renewable feedstock developerEnergy and Natural ResourcesUSN/AN/A23/02/2023Heritage Group (Heritage Group Ventures), Chanel; Lewis & Clark AgriFood (lead), Elm Street Ventures, SaferMade
CenacleSoftCloud-based electronic medical record platfformHealthcareSouth KoreaCN/A27/02/2023Naver (Naver Cloud)

By Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.