Immutable, Abra and Francis Medical have all raised more than $50m, while MAZ Systems has been acquired by Zype.

Funding

Immutable, an Australia-based non-fungible token protocol developer, has raised $60m in a series B round backed by quantitative trading firm Alameda Research, CoinTelegraph has reported. The round was co-led by Bitkraft Ventures and King River Capital, with additional participation from VaynerFund. The money will allow Immutable to increase the headcount of its engineering and sales divisions, build more industry partnerships and scale its network. Immutable previously raised $15m in a series A round in 2019 led by Prosus…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.