According to TechFlow, Mighty Jaxx, a Singapore-based collectibles design and production company, has completed an $11 million Series A+ round of financing to drive growth in the United States and Europe.

On August 12, 2021, Mighty Jaxx completed a US$10 million financing round led by Tencent, with participation from Korea Investment Partners, KB Investment and others.

Last year, the company incubated MightyVerse, a blockchain technology platform that can store information and digital assets in collections to promote a gamified collection experience. The company has also entered the NFT market and launched two NFT collections paired with physical collections in April this year.