Tag: Kelly Choo

True Global Ventures invests a total of $38m in Animoca Brands

True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) announced a total investment of US$38m including a US$16m bought from the secondary market. TGV has previously communicated an investment of US$17m, this means that we have invested an additional US$21m. Animoca Brands recently raised a US$110m convertible led by Temasek, Bayou…

True Global Ventures 4 Plus Follow On Fund’s First Investment is in web3 Leader Animoca Brands

True Global Ventures 4 Plus (TGV 4 Plus) Fund and TGV 4 Plus Follow On Fund (TGV 4 Plus FoF) today announce a US$17.2m convertible note investment into Animoca Brands out of a total raise of US$110m. Other investors included Boyu Capital, Singapore’s Sovereign Wealth Fund Temasek and GGV Capital. The investment comes after Animoca Brands’ second closing…