# Sky Mavis

> Developer of Axie Infinity and Ronin chain for play-to-earn gaming.

## Why it is interesting

Sky Mavis pioneered NFT gaming at scale in Southeast Asia — a16z led the $152M Series B at ~$3B valuation before the Ronin bridge exploit and Binance-led recap.

## Profile

- **Stage:** series-b
- **Status:** private
- **Industries:** gaming, crypto-web3
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series B (Oct 2021): $152M led by a16z with Accel and Paradigm (The Block)
- Series C (Apr 2022): $150M led by Binance post-Ronin exploit (Axie blog)
- Co-investors not in VCT directory: Accel, Paradigm, Binance
- Source: https://www.theblock.co/post/119521/axie-infinity-nft-series-b-funding-a16z
- VCT directory co-investors: none mapped (non-directory syndicates noted above); reviewed 2026-07-24

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz

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Source: https://venturecapitaltracker.com/startup/sky-mavis
