Immutable

Immutable, formerly known as Fuel Games, is a blockchain gaming startup powering the world of NFTs as the leading carbon-neutral, scalable platform for trading NFTs on Ethereum.

Immutable provides scalable blockchain infrastructure for world class video games, bringing transparency to the opaque world of in-game economies. 

Immutable was founded in 2018 by James Ferguson, Robbie Ferguson and Alex Connolly. The company is headquartered in Sydney, NSW, Australia.

 

Immutable's industry leading platform Immutable X is a pioneer in NFT technology, focused on Layer 2 liquidity solutions that bring scalability, affordability and power to the Ethereum NFT ecosystem.

 

Immutable X is powering the world of NFTs through high-performance minting and trading, with all of the security and decentralization that Ethereum provides. Powered by StarkWare's StarkEx innovative technology, the protocol can process 9000 transactions per second (TPS) with zero gas fees, and offers easy on-and-off ramps in a carbon-neutral environment.

 

Immutable X has already announced integrations with leading marketplaces such as OpenSea and Mintable, and is powering some of the largest NFT projects and games including Gods Unchained, Guild of Guardians, Ember Sword, ESL Gaming, GreenPark Sports, Illuvium, Vee Friends, TikTok and many more.

 

Immutable is backed by Bitkraft Ventures, Temasek, King River Capital, Galaxy Interactive, Coinbase Ventures, Animoca Brands, Princeville Capital, Arrington Capital, Mirae Asset, Alameda Research, AirTree Ventures, Reinventure, ParaFi Capital, and others. The company raised $200M in Series C round on Mar 07, 2022. This brings Immutable's total funding to $277.6M to date. The latest round mints Immutable a unicorn with a valuation of $2.5B post-money.

 

 

  • Year founded: 2018
  • Funding Info: $277.6M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $2.5B as of Mar 07, 2022
  • City/Town: Sydney
  • State: New South Wales
  • Country: Australia
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