$31M Raised By GreenPark Sports In Series B Funding Round

GreenPark Sports recently revealed the company raised $31 million in a Series B round of funding. This round of financing was led by Terraform Capital. Contributions also came from Galaxy Interactive, Sapphire Sport, SignalFire, and ADvantage.

This announcement was made just weeks before the organization unveiled a limited-edition drop of premium gear NFTs as part of a collaboration with Immutable X. The company said that over 78,000 NFTs will be made available to purchase during the drop on November 15th.

“We are excited to be bringing even more cool NFT drops to Immutable X users,” said Robbie Ferguson, the co-founder of Immutable. “GreenPark is building a very interesting blend of ‘metaversified’ real-world sports, creating a digital community for super fans to come together. By deploying on Immutable X, GreenPark can reach the existing Ethereum-based NFT community while remaining environmentally green and sparing its members the enormous gas costs of using NFTs on Ethereum mainnet.”

GreenPark Sports is a publisher of mobile games and digital entertainment experiences. The company, which is based in California, was originally founded in 2018.

(All information was provided by Coin Rivet, LinkedIn, and VentureBeat)

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