AFFYN HELD TWO OVERSUBSCRIBED FUNDRAISING ROUNDS TOTALING MORE THAN $7M
The metaverse and play-to-earn gaming spaces are buzzing with innovation, and Singapore-based startup Affyn is making waves. Singapore-based startup Affyn has raised $7 million to develop a free-to-play, play-to-earn AR mobile game. The funding was spread across two funding rounds participated in by over 50 venture capital firms, institutional investors, and partners, including Vespertine Capital, Avalon Wealth Club, Herd Ventures, and more.This exciting company, founded by Lucaz Lee, is developing a free-to-play, play-to-earn augmented reality (AR) mobile game poised to revolutionize how we interact with the digital world.Affyn's vision clearly resonated with investors, as evidenced by the company successfully concluding two oversubscribed fundraising rounds. Study with Quizlet and memorize flashcards containing terms like Probable losses over a specified time period 1. Expected loss per mishap 2. Anticipated mishap rate 3. Exposure to the mishap, Step 1 - Risk or hazard identification Step 2 - What can happen under given circumstances, e.g. dose response for a chemical pollutant Step 3 - How likely is the event to happen, e.g. Exposure assessmentThese rounds not only demonstrate significant market confidence in Affyn's potential but also highlight the growing appetite for blockchain-based gaming experiences.Raising more than $7 million, Affyn is now well-positioned to accelerate its development efforts and bring its innovative gaming platform to a global audience.But how exactly did Affyn achieve this fundraising feat? In a survey of state Medicaid programs, more than two-thirds of responding states (33 of 47) indicated that one or more payment changes made in FY 2025 or FY 2025 were related in whole or in partWhat are the details of these oversubscribed rounds, and what does it mean for the future of this promising metaverse platform? More than 115 million people watched last year s championship game. The Super Bowl stands alone as a mass-marketing opportunity on television. A decade ago, the average cost of a 30-second spotThis article dives deep into Affyn's fundraising success, exploring the key investors, the company's value proposition, and the potential impact on the play-to-earn gaming landscape. Learn more about Affyn Funding Rounds and view Affyn fundraising details such as financing amount, valuation, investors and more.So, join us as we unpack the story behind Affyn's impressive funding journey and its ambitious plans for the future of gaming.
Affyn's Successful Funding Rounds: A Deep Dive
Affyn's journey to secure funding was marked by impressive investor interest.Let's break down the details of each round and understand what made them so successful.
The Oversubscribed Private Round
Affyn's initial private round proved to be a resounding success. YOUNGSTOWN, OH. The National Center for Defense Manufacturing and Machining (NCDMM) and America Makes are proud to announce the winners of the Improvements in Manufacturing Productivity via Additive Capabilities and Techno-Economic Analysis (IMPACT) directed project call funded by the Office of the Under Secretary of Defense, Research and Engineering Manufacturing Technology OfficeWithin just one week of unveiling its website, the round became oversubscribed.This rapid oversubscription indicates a strong initial belief in Affyn's vision and potential within the investment community. Affyn General Information Description. Developer of a blockchain-based game designed to create a sustainable gaming economy. The company offers free-to-play and play-to-earn mobile games featuring integrated geolocation and augmented reality technology, ensuring that the rewards stay attractive to both new and existing players, enabling players to play, earn, and have fun together at the sameThe speed at which the private round filled suggests a pent-up demand for innovative projects within the blockchain gaming space.
The Strategic Round: Meeting the Demand
Due to the overwhelming interest in the private round, Affyn strategically decided to open a new round.This subsequent round, dubbed the strategic round, also experienced significant demand and became oversubscribed ahead of schedule. Affyn Price Change for 24h, 7d, 14d, 30d and 1y periods. The price change for a specific period for Affyn project - shows how the token's value has changed over that period of time. It's a useful metric to gauge the token's performance. 24 hours -2.49% (Two point four nine percent); 7 days -8.19% (Eight point one nine percent);This second oversubscription further validated Affyn's appeal and demonstrated a sustained level of investor enthusiasm. Overview of Series A, B, C, and Further Funding Rounds. Each funding round serves a distinct purpose and marks a significant milestone in your startup's journey. Understanding the objectives and expectations of each round will help you prepare effectively and align your business strategy with investor expectations.It allowed Affyn to bring in strategic partners who could contribute not only capital but also expertise and network connections.
Key Investors and Their Belief in Affyn's Vision
Affyn's fundraising success wasn't just about the amount of money raised; it was also about the quality of investors who participated. PayGround, a healthcare fintech payments platform, today announced closing a $19.7M oversubscribed Series A financing led by SixThirty with participation from Rally Ventures, IA Capital Group, FCA Venture Partners and Plug and Play Ventures. The funding will bolster the company s rapid expansion into hospitals and health systems, building on its success in the ambulatory market, as well asAttracting over 50 venture capital firms, institutional investors, and partners speaks volumes about Affyn's credibility and potential.Some notable investors who participated include:
- Vespertine Capital
- Avalon Wealth Club
- Herd Ventures
- 316VC
- Arcanum Ventures
- Asia Pacific Ventures
- Aussie Capital
- Automatic Venture Group
The diverse range of investors, from venture capital firms to wealth clubs, highlights Affyn's broad appeal across different segments of the investment community.Their participation provided Affyn with not only the necessary capital but also access to valuable networks and strategic guidance.
What Does Affyn Do? The Transportation Department said on Monday that it had fined a half-dozen airlines a total of more than $7 million for failing to provide timely refunds to customers.Exploring the Metaverse Platform
So, what exactly does Affyn do that attracted so much investor interest? Affyn, has recently completed a highly successful presale fundraising round, hot on the heels of a private sale. The combination of the two rounds has netted this Singaporean tech disruptor the tune of almost $20 million for their Metaverse platform.Understanding their core business is key to understanding their fundraising success.
Developing a Play-to-Earn AR Mobile Game
At its core, Affyn is developing a free-to-play, play-to-earn AR mobile game.This combines several exciting trends: free-to-play accessibility, the engaging mechanics of play-to-earn, and the immersive experience of augmented reality.The game aims to create a sustainable gaming economy where players can earn real-world value through their in-game activities.
Integrating Geolocation and Augmented Reality
Affyn's game will integrate geolocation and augmented reality (AR) technology. Your weekly two-minute read, a quick conversation starter on the African start-up ecosystem, based on a curated database of deals from across the continent. Click to read Africa: The Big Deal, by Max, a Substack publication.This means the game will leverage real-world locations and overlay digital content onto the player's surroundings. (1) There is a reasonable expectation that at least two eligible and responsible 8(a) participants will submit offers and that award can be made at a fair market price; and (2) The anticipated total value of the contract, including options, will exceed $7 million for acquisitions assigned manufacturing North American Industry ClassificationThis unique combination creates a more immersive and engaging gaming experience, differentiating Affyn from other play-to-earn games.
Creating a Sustainable Gaming Economy
Affyn's ultimate goal is to create a sustainable gaming economy that benefits both new and existing players. The National Center for Defense Manufacturing and Machining (NCDMM) and America Makes are proud to announce the winners of the Improvements in Manufacturing Productivity via Additive Capabilities and Techno-Economic Analysis (IMPACT) directed project call funded by the Office of the Under Secretary of Defense, Research and Engineering Manufacturing Technology Office (OSD(R E)) and theBy designing the game mechanics carefully, Affyn aims to ensure that the rewards remain attractive over time, incentivizing continued participation and fostering a vibrant community.
Affyn aims to allow players to play, earn, and have fun together.By creating a compelling and rewarding gaming experience, Affyn seeks to build a loyal and active player base that drives the platform's long-term success.
Beyond the Initial $7M: Affyn's Overall Funding Journey
While the initial two rounds raised over $7 million, Affyn's total funding journey paints an even more impressive picture.
Securing Almost $20 Million Through Presale Fundraising
Following the success of the private and strategic rounds, Affyn completed a highly successful presale fundraising round.This presale, combined with the earlier rounds, netted the Singaporean tech disruptor approximately $20 million for their metaverse platform. The partnership between Saudi Arabia and Andreesen Horowitz would raise more assets in two quarters than the entire crypto venture fund market since Q1 2025 combined. Including Abu Dhabi s $100b fund vehicle, the two funds would be larger than the entire identifiable crypto fund marketplace, including passive/beta offering, hedge funds, andThis significant capital injection further strengthens Affyn's ability to execute its vision and bring its gaming platform to market.
Reaching $27 Million in Total Funding
Reports indicate that Affyn has raised a total of $27 million in funding.This figure includes the initial rounds, the presale, and potentially other sources of funding. The reported sum came as Trump was en route to New York City ahead of his expected arrest and arraignment.The $27 million allows Affyn to scale their development team, expand their marketing efforts, and further refine their gaming platform. Diadem Capital closes oversubscribed $600K Pre-Seed fundraise Roqad s Successful Series A $7M Raise with Diadem Capital Year of The Bridge Round and TheThe additional capital showcases confidence from investors.This total includes a reported 18 investors.
Understanding Affyn's Competitive Landscape
Affyn operates in a competitive market.Understanding the landscape helps to appreciate the challenges and opportunities the company faces.
Facing Competition in the NFT Gaming Space
As an NFT-based trading platform for games, Affyn faces competition from other companies developing similar platforms.The NFT gaming space is rapidly evolving, with new projects emerging regularly.Affyn needs to differentiate itself through innovative gameplay, a strong community, and a sustainable token economy to stand out from the crowd.
Analyzing the Competitive Environment
It is reported that Affyn has 652 competitors.This highlights the highly competitive nature of the market.While it may not be all direct competitors it includes businesses in the same industry. Recent campaign finance filing showed that, while Trump raised over $53 million during the first half of 2025 a period in which his first two criminal indictments were turned into a rallying cry that sent his fundraising soaring his political committees have paid out at least $59.2 million to more than 100 lawyers and law firms sinceAnalyzing the competitive landscape is crucial for Affyn to identify its strengths and weaknesses and develop effective strategies for gaining market share.
What's the Future for Affyn?
With significant funding secured, Affyn is well-positioned to pursue its ambitious goals. Affyn s private round was oversubscribed within a week of unveiling its website, resulting in the opening of a new strategic round that once again became oversubscribed ahead of itsBut what can we expect to see from them in the near future?
Accelerating Development and Launching the Game
The primary focus for Affyn will be on accelerating the development of its play-to-earn AR mobile game.The funding will enable the company to hire top talent, invest in cutting-edge technology, and thoroughly test and refine the game before its official launch. Companies go beyond Series C funding rounds only for either of the two reasons. One. They want to go for major acquisitions, or an IPO. Two. they did not meet the expectations laid out in Series C. In the second scenario, the round after Series C would be called a down round, which affects the company valuation and their overall revenue.We can expect to see updates on game development, partnerships, and potential beta testing opportunities in the coming months.
Expanding the Metaverse Platform
Beyond the initial game, Affyn likely has plans to expand its metaverse platform.This could involve adding new games, integrating other blockchain-based applications, and fostering a vibrant ecosystem for creators and players.Affyn's long-term vision is to create a comprehensive metaverse experience that transcends traditional gaming.
The Impact of Funding Rounds on Startup Growth
Affyn's successful fundraising journey exemplifies the importance of funding rounds for startups. Five of the seven UCR teams will receive slightly more than $1 million each over the next three years to support six or more graduate students per year; the GAANN Fellowships in Computer Science and Engineering will receive more than $1.3 million for three years to support six graduate students; the special education proposal team will receiveLet's examine how these rounds contribute to overall growth and success.
Fueling Expansion and Innovation
Funding rounds provide startups with the necessary capital to fuel expansion and innovation.The influx of capital allows companies to invest in research and development, hire talented employees, and expand their marketing and sales efforts. Study with Quizlet and memorize flashcards containing terms like Two proposed projects serve the same purpose, so no more than one may be chosen. Those projects are:, For independent projects:, Nonconventional typically refers to projects that: and more.This increased investment translates into faster growth and the ability to bring innovative products and services to market.
Series A, B, C and Beyond
While Affyn's funding journey hasn't reached Series A, B, or C levels yet, understanding these later-stage rounds is valuable. We would like to show you a description here but the site won t allow us.Each series represents a distinct phase of growth and requires different strategies.
- Series A: Typically used for scaling operations and expanding the market.
- Series B: Focuses on further expansion, market penetration, and building a strong brand.
- Series C: Often used for major acquisitions or preparing for an IPO (Initial Public Offering).
Companies might pursue funding rounds beyond Series C for major acquisitions or if they failed to meet the expectations set in Series C. Round sizes differ significantly per geography as market size matters. Expect EU rounds to be around $1m $5m, US rounds to range from $2m to $15m, and Chinese rounds to go even beyond, for a 20% 35% ownership stake. Series B. The B stands for growth.If expectations aren't met, a ""down round"" may occur, negatively affecting the company's valuation and revenue.
The Importance of Oversubscription
The fact that Affyn's rounds were oversubscribed is a significant indicator of success.What does oversubscription really mean?
Signaling Strong Investor Confidence
Oversubscription signals strong investor confidence in the company's vision, team, and potential. How much funding has Affyn raised over time? Affyn has raised $27M. Who are Affyn s investors? 316VC, Arcanum Ventures, Asia Pacific Ventures, Aussie Capital, and Automatic Venture Group are 5 of 54 investors who have invested in Affyn. Discover how our experts ensure you re getting the most accurate financial data in the industry.It indicates that demand for investment far exceeds the available allocation, creating a competitive environment and driving up the valuation.This is a positive sign for the company's future prospects.
Attracting High-Quality Investors
Oversubscription can also help attract high-quality investors.When a round is highly competitive, companies have the opportunity to be selective and choose investors who can provide not only capital but also valuable expertise and strategic guidance. PROVIDENCE The state s Medicaid program disbursed more than $7 million to managed care organizations for deceased beneficiaries in fiscal year 2025, an audit by the R.I. Joint Committee on Legislative Services concluded. The state paid $2 million of the total cost, while the remaining $5.1 million was paid by the federal government, according to [ ]This can significantly benefit the company's long-term growth.
Key Takeaways: Affyn's Fundraising Success
Affyn's fundraising success is a testament to its innovative vision and strong execution. SINGAPORE, Jan. 25, 2025 /PRNewswire/ Global digital asset banking group Sygnum today announced that it has raised more than USD 40 million against an initial ~USD 35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round.Here are some key takeaways:
- Strong Vision: Affyn's vision of a play-to-earn AR mobile game resonated with investors.
- Oversubscription: The oversubscribed rounds demonstrated strong investor confidence.
- Strategic Investors: Attracting over 50 venture capital firms and institutional investors provided valuable resources.
- Total Funding: Raising nearly $20 million in the initial rounds and presale provides a strong foundation for growth.
- Competitive Landscape: Affyn operates in a competitive market and needs to continue innovating to stand out.
Affyn's story serves as an inspiration for other startups in the blockchain gaming space.By focusing on innovation, building a strong team, and effectively communicating its vision, Affyn has successfully secured the funding needed to bring its ambitious plans to fruition.
Conclusion: The Future of Play-to-Earn Gaming
Affyn's successful completion of two oversubscribed fundraising rounds totaling more than $7M marks a significant milestone in the company's journey to revolutionize the play-to-earn gaming landscape. Affyn - NFT-based trading platform for games. Raised a total funding of $7M from 18 investors. Founded by Lucaz Lee in the year 2025. Affyn has 652 competitors.The strong investor interest, driven by Affyn's innovative approach to combining AR technology with blockchain-based gaming, underscores the growing potential of this emerging market.By securing substantial funding from a diverse range of investors, Affyn is now well-equipped to accelerate its development efforts, expand its metaverse platform, and ultimately deliver a compelling and rewarding gaming experience to players worldwide.As the play-to-earn sector continues to evolve, Affyn's commitment to creating a sustainable and engaging ecosystem positions it as a key player in shaping the future of digital entertainment. It tracks every crypto fundraising round from pre-seed to Series C. The platform provides access to historical data, profiles of the investment institutions and early-stage startups.Keep an eye on Affyn as they continue to develop and launch new features in the play-to-earn gaming world.By combining cutting-edge technology and community-centric values, Affyn aims to redefine how people engage with virtual worlds and the value they derive from them.The journey ahead is undoubtedly exciting, and Affyn's success story serves as an inspiration for other startups seeking to disrupt the traditional gaming industry.
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