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Merit Circle

Gibraltar, GX111AA

Overview

Decentralized organization developing the play-to-earn economy.

Founded

2021

Deals · 12mo

0

Links

WebsiteLinkedIn

Stage focus

Seed

Geographic focus

United Arab Emirates
United Kingdom
United States

Sector focus

—

Investment portfolio

22rounds
NAMEDATESIZE
Pixelverse
Jun 2024Led
$6 MOther Equity
Param Labs Inc
May 2024Participated
$7 MSeed
BloodLoop
Mar 2024Led
$4 MSeed
GAM3S.GG
Mar 2024Participated
$2 MOther Equity
READYgg
Feb 2024Participated
$4 MOther Equity
Forgotten Playland
Jan 2024Participated
$7 MOther Equity
Fyde Treasury
Dec 2023Participated
$3 MSeed
Farcana
Dec 2023Led
$10 MSeed
Pixion Games
Jun 2023Participated
$6 MSeed
SuperDuperSecret
May 2023Participated
$1 MSeed
Avalon
Feb 2023Participated
$13 MOther Equity
Walker Labs
Nov 2022Led
$2 MSeed
Pixelverse
Jun 2024Led
$6 MOther Equity
Param Labs Inc
May 2024Participated
$7 MSeed
BloodLoop
Mar 2024Led
$4 MSeed
GAM3S.GG
Mar 2024Participated
$2 MOther Equity
READYgg
Feb 2024Participated
$4 MOther Equity
Forgotten Playland
Jan 2024Participated
$7 MOther Equity
Fyde Treasury
Dec 2023Participated
$3 MSeed
Farcana
Dec 2023Led
$10 MSeed
Pixion Games
Jun 2023Participated
$6 MSeed
SuperDuperSecret
May 2023Participated
$1 MSeed
Avalon
Feb 2023Participated
$13 MOther Equity
Walker Labs
Nov 2022Led
$2 MSeed
22
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Insights

Time horizon

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Deal Distribution

Merit Circle: 22 funding rounds are recorded in the selected participation categories.All available history.
Merit Circle: 22 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed310
Series A01
Other Equity26

Monthly Deal Activity

Merit Circle: 22 deals are recorded across 61 months.All available history.
Merit Circle: 22 deals are recorded across 61 months. All available history
MonthDeals
Oct '211
Nov '210
Dec '211
Jan '220
Feb '220
Mar '223
Apr '220
May '221
Jun '222
Jul '221
Aug '220
Sep '221
Oct '220
Nov '221
Dec '220
Jan '230
Feb '231
Mar '230
Apr '230
May '231
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '232
Jan '241
Feb '241
Mar '242
Apr '240
May '241
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Merit Circle: Gaming & eSports is the largest displayed sector by deal count (15 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Merit Circle: Gaming & eSports is the largest displayed sector by deal count (15 deals). All available history
SectorDeals
Gaming & eSports15
Crypto & Blockchain13
Media & Entertainment4
AR/VR3
Hardware & Robotics2
Enterprise Software2
Consumer & Lifestyle2
Developer Tools1

Deal Size Distribution

Merit Circle: 22 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Merit Circle: 22 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M9
$5M-$10M9
$10M-$25M4
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Merit Circle: United States has the largest recorded deal count among the displayed regions (11 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Merit Circle: United States has the largest recorded deal count among the displayed regions (11 deals). All available history
RegionDeals
United States11
Europe7
United Arab Emirates2
111 431
Vietnam1
Merit Circle: 20 co-investors are shown, with Animoca Brands sharing 5 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Merit Circle: 20 co-investors are shown, with Animoca Brands sharing 5 recorded deals. All available history
Co-investorShared deals
Animoca Brands5
Delphi Digital4
Mechanism Capital4
Polygon Ventures4
Yield Guild Games4
Big Brain Holdings3
DeFiance Capital3
Zee Prime3
Alameda Research2
Arrington Capital2
Avalanche Foundation2
Avocado Guild2
BITKRAFT Ventures2
Cypher Capital2
Delphi Ventures2
Dragonfly2
Fenbushi Capital2
GuildFi2
Hashed2
Momentum62

Investment Strategy

Merit Circle: Led accounts for 23% and participating for 77% of round participation.All available history.
Merit Circle: Led accounts for 23% and participating for 77% of round participation. All available history
CategoryDeals (count)Share (%)
Led523%
Participating1777%
Merit Circle: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Merit Circle: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led5100%

Team

Brandon Aaskov

CTO

Marco van den Heuvel

Founder & Chief Executive Officer

Remco Katz

Partnerships

Tommy Quite

Chief Financial Officer & Co-Founder