User-generated content (UGC) education technology company TinyTap has completed $8.5 million in financing, with participation from Sequoia China, Shima Capital, Polygon, Liberty City Ventures, Kingsway Capital and GameFi Ventures. This round of funds will be used for employee expansion and product development.

Animoca Brands announced in June 2022 that it had acquired 80.45% of the issued capital of educational content platform TinyTap for $38.875 million in cash and stock. Animoca Brands held 84.13% of TinyTap's shares at the time. (Business Insider)