Here's Mighty Jaxx! They design and manufacture physical and digital collectibles and lifestyle products, selling millions each year. Now, they've just raised $20M in their first close of their Series A+ and are valued at $200M. (Yup, $200M.)

• Want a DHL figurine? How about Mr. Monopoly off duty? They've got you.

Who cashed in? East Ventures, Mirana Ventures, KB Investment, Korea Investment Partners, Easternwind International, Pan Solar Ventures and Teja Ventures.

• They raised a $10M round led by Tencent last year.

🔙  Rewind

Founded ten years ago, they've partnered with global brands like Adidas, Nickelodeon, Netflix and DC Comics to create and sell collectibles. (Yup, they've come a long way.)

😎  More than just toys

They don't just import or manufacture collectibles. They're part of the entire process, from design and manufacturing to selling and shipping to tons of people globally!

• Its collectibles can shoot up to 10–30x retail price when sold on the secondary market.

Into the metaverse. In 2019, Mighty Jaxx brought blockchain into the mix. To them, NFTs add another layer to the experience of owning a collectible. And with the metaverse and Web3 hype, they're now doubling down on bridging the physical and digital world through collectibles, content and experiences.

• Here's a sample. In 2021, they sold Inked Stories: Eve (Colorized) NFTs. Now, they're selling a physical figure exclusive only for NFT holders!