Immutable X Founding Company Immutable Closed $200 Million Funding Round Led by Temasek

Australian NFT startup Immutable has closed a $200 million round of funding at a $2.5 billion valuation led by Temasek with participation from Mirae Asset, ParaFi Capital, Declaration Partners and others. The funds raised will be used to invest in M&A. Immutable is said to be the developer of NFT games Gods Unchained and Guild of Guardians, and created Immutable X, an NFT Layer 2 scaling solution.