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You are at:Home » DOGAMÍ Raises $7M In Latest Funding Round Led By XAnge
Investment & Funding

DOGAMÍ Raises $7M In Latest Funding Round Led By XAnge

“With DOGAMÍ, we aspire to lead the industry in developing a scalable entertainment experience that transcends the Web3 space," states Max Stöckl, Co-founder & CEO of DOGAMÍ.
Ravi KumarBy Ravi KumarDecember 15, 2022Updated:December 17, 2022No Comments2 Mins Read
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DOGAMÍ Raises $7M In Latest Funding Round Led By XAnge
The DOGA House app. Image Credit: DOGAMÍ
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DOGAMÍ, the world’s first mass-market NFT Web3 AR mobile game centered around 3D NFT dog avatars, has raised $7 million in seed extension round led by European tech-investor XAnge. With the latest funding DOGAMÍ has completed a total of $13.5 million in funding over 3 rounds through world-famous investors such as Ubisoft, Animoca Brands, The Sandbox co-founders, XAnge.

DOGAMÍ has launched a mobile application that allows users to adopt and play with their virtual NFT dogs and be rewarded with the native $DOGA cryptocurrency.

This fundraising will enable DOGAMÍ to expand its range of Web3 games and applications for mainstream audiences.

DOGAMÍ was co-founded in mid-2021 by Max Stöckl (CEO, previously Boston Consulting Group), Adrien Magdelaine (COO, previously Wamiz, pet industry serial entrepreneur), Kristofer D. Penseyres (CBO, previously Sony Pictures, Branding & Partnership Expert) and Bilal El Alamy (CTO, Blockchain serial entrepreneur). They are supported by a European team of 40+ employees including Art Director Gregory Magadoux (previously Ubisoft).

DOGAMÍ’s first NFT drop of 12,000 dog avatars sold out in just a few hours propelling them to #1 place in terms of volume traded on major NFT platforms on Tezos.

Dogamí has partnered with the iconic fashion brand Gap to launch in-game wearables for their virtual dogs.

“With DOGAMÍ, we aspire to lead the industry in developing a scalable entertainment experience that transcends the Web3 space,” states Max Stöckl, Co-founder & CEO of DOGAMÍ. “We believe that our approach of combining an engaged community, compelling storytelling and true digital ownership is a crucial pillar of our early successes and we continue to capitalize on that.”

Read Also: Dogami NFT Smashes 1 Million XTZ Milestone Within 3 Weeks of Launch

Dogami Petaverse Seed Funding Tezos Blockchain XAnge
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Ravi Kumar
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Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

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