Fenwick Represents Mythical Games in $150 Million Series C Financing

Fenwick represented Mythical Games, a next generation gaming technology studio, in its $150 million Series C financing.

The round was led by Andreessen Horowitz and included participation from D1 Capital, RedBird Capital and the Raine Group, as well as crypto exchanges Binance and FTX. The company also received support from notable entertainment brands and personalities including 32 Equity, the investment arm of the National Football League; The Chainsmokers' Mantis VC; Ryan Tedder (OneRepublic); OneTeam Partners; and pro-sports team owners including Jonathan Kraft and The Kraft Group (New England Patriots and New England Revolution); Michael Gordon (Fenway Sports Group, Boston Red Sox and Liverpool FC); and Michael Jordan and Curtis Polk (Hornet Sports & Entertainment; Charlotte Hornets and NASCAR Cup race team 23XI Racing). Existing investors including Galaxy Interactive, WestCap, 01 Advisors, Javelin Partners, Struck Capital, Alumni Ventures and Signum Growth Investments invested further in the Series C as well.

Mythical Games will use the funds to continue growing its team and scaling out operations as it funds future games and brings new game developers to the Mythical Platform. More information can be obtained from the company’s announcement.

The Fenwick transaction team was led by corporate partner Steven Levine, partner-elect Jordan Roberts, and included associates Joseph Doll, Stephanie Hong, Peter Li, Atrina Mehdipour and the Fenwick Blockchain Team.