Cointime

Download App
iOS & Android

Amazon Funds Web3-Friendly Studio Superplastic in $20 Million Round

Amazon’s Alexa Fund, the venture capital arm of the tech giant, has led a $20 million Series A-4 funding round for the 3D character studio Superplastic, which creates “synthetic celebrities,” vinyl toys, and has previously released NFT collections on Ethereum and partnered with big brands like Gucci and Epic Games’ “Fortnite.”

Google Ventures, Galaxy Digital, Sony Japan, Animoca Brands, Craft Ventures, and others also participated in the round, bringing Superplastic’s total funding raised to $58 million to date.

As part of the arrangement, Amazon Studios will get a “first-look deal” with Superplastic, which is Hollywood speak for first dibs on any television series or film pitches that feature Superplastic’s characters.

So far, Superplastic has created over 25,000 NFTs across numerous collections, including a PFP collection ($3.2 million in total volume traded) and an NFT collab with Gucci (over $10 million in total volume). Their NFT collection Cryptojankyz, launched back in July 2021, has seen nearly $15.2 million in total volume traded.

Comments

All Comments

Recommended for you

  • Bitcoin’s illiquid supply could hit 8.3M by 2032: Fidelity

    Asset management firm Fidelity expects Bitcoin’s illiquid supply to exceed 6 million BTC by the end of 2025 amid strong buying from Bitcoin treasury companies.
  • Michael Saylor’s Bitcoin obsession: How it all started

    Explore Michael Saylor’s Bitcoin playbook, Strategy’s debt-fueled purchases and the future outlook of corporate crypto investing.
  • Tetra Digital Group, a digital asset infrastructure company, has secured approximately $10 million in funding.

     Tetra Digital Group, a Canadian digital asset infrastructure provider, announced the completion of approximately $10 million in financing, with investors including Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank, and Shopify. As part of this investment, Tetra and its partners plan to become the first financial institution to launch a Canadian fiat-backed stablecoin in early 2026, pending regulatory approval. The new Tetra stablecoin will leverage Tetra Digital Group's institutional-grade custody infrastructure to provide businesses and consumers with a stable, secure, and fully compliant digital currency, backed by Canadian dollar reserves at a 1:1 ratio.
  • Lead Bank raises $70 million at a $1.47 billion valuation

    Lead Bank, a Missouri bank with a 97-year history, is currently restructuring to serve financial technology and cryptocurrency companies. The company has raised $70 million, with a valuation of $14.7 billion, almost double that of last year, aiming to expand its balance sheet and customer base.
  • Crypto trading platform OrangeX completes $20 million Series B funding

    cryptocurrency trading platform OrangeX has successfully completed a $20 million Series B financing round, led by Kryptos, with continued support from SCI Ventures and other major investors. The new funds will be used to strengthen core infrastructure and accelerate global market expansion.
  • BONK Treasury Company Safety Shot Completes US$30 Million in Financing

    On August 25th, BONK treasury company Safety Shot announced the completion of a $30 million financing round, led by FalconX. The transaction includes a direct issuance of approximately $5 million in cash and a simultaneous private placement of $25 million, paid in BONK tokens by BONK founding members.
  • Commission-free trading platform Midas secures $80 million in funding at a valuation of nearly $1 billion

    according to Bloomberg, Turkey's first commission-free trading platform Midas is valued at nearly $1 billion after its latest funding round. The company announced earlier this week that it had secured $80 million in funding, setting a new record for funding for a Turkish financial technology company. This round of funding was led by QED Investors, with additional investors including the International Finance Corporation (IFC) and existing investors Spark Capital. With this, Midas' total funding has reached $140 million. Midas is the owner of Istanbul brokerage firm Midas Menkul Degerler AS, and is seen as the Turkish version of the "Robinhood" trading platform.
  • August 19th Midday Update: Key Developments at a Glance

    7:00-12:00 Keywords: SoftBank, Intel, Federal Reserve
  • AI-native platform Sola completes $17.5 million Series A funding round, led by a16z

    AI native platform Sola completed a $17.5 million Series A financing round, led by a16z. Sola uses AI robots to automate workflows. Their agents observe how users perform tasks on the screen and can automatically handle these tasks even in traditional tools without APIs or integrations.
  • Web3 payment infrastructure company Transak completes $16 million in financing

    Web3 payment infrastructure company Transak has announced the completion of a new round of financing of $16 million, led by IDG Capital and Tether, with Primal Capital, 1kx, Protein Capital, and Fuel Ventures participating. Transak plans to use this funding to expand its stablecoin payment stack and enter new markets.