Back to collectionEx Populus reports $8.5 million in total financing
Ex Populus reported that it had raised $8.5 million in total and that its game platform had closed the round at a valuation of $80 million. The announcement named Animoca as a backer. The cumulative financing figure must not be added to the earlier seed announcement as though both were separate new amounts. A reported fundraising valuation is also different from revenue, liquid reserves or an investor's realizable exit value.
Ex Populus reported that it had raised $8.5 million in total and that its game platform had closed the round at a valuation of $80 million. The announcement named Animoca as a backer. The cumulative financing figure must not be added to the earlier seed announcement as though both were separate new amounts. A reported fundraising valuation is also different from revenue, liquid reserves or an investor's realizable exit value.
A second notice that day promised changes to the community over the following days. It did not describe the financial terms of those changes or connect them to a particular allocation of the funding. Together, the statements document financing and a separate operating intention, without supplying a balance sheet, spending schedule or evidence of Night Ash participation in the round.