LootMogul
Wilmington, California, 19801, United States
Overview
LootMogul is an athlete-led sports metaverse (web3) platform powered by virtual real estate, training academies, blockchain games, and meta shops that deliver in-real-life (IRL) rewards. The company builds meta (virtual) sports cities that integrate brands and professional athletes on a cross-metaverse, multi-chain platform accessible via Oculus, HoloLens, web, mobile, and console. LootMogul aims to expand the web3 community by bringing web2 gamers and sports fanatics into the metaverse. The company is led by CEO Raj Rajkotia and is based in Santa Monica, CA. Financially, LootMogul secured a $200 million investment commitment to provide flexibility for strategic development of its metaverse initiatives. The funding structure allows drawdowns through issuing equity shares following an equity exchange listing.
- Total raised
- $200M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Sep 2022
Industries
- Blockchain
- Fantasy Sports
- Gaming
- Media and Entertainment
- Metaverse
- Virtual Reality
- Web3
Recent funding
Equity
Sep 2022
$200M