Wilson Sonsini Advises Untamed Planet on $24.3 Million Fundraise and Partnership with Animoca Brands for NFT Games
- Client Highlights
- Electronic Gaming
On May 5, 2022, Untamed Planet announced it has raised $24.3 million to make 3D immersive nature games that make use of metaverse concepts and non-fungible tokens (NFTs). Animoca Brands led the investment, and will support the development of the game Untamed Metaverse along with Animoca’s subsidiary Nway. Wilson Sonsini Goodrich & Rosati advised Untamed Planet on the transaction.
Untamed Planet is a 3D immersive experience in which players will be able to explore a digital twin of the world’s most amazing wild landscapes, participate in quests, collect NFT assets, and form communities passionate about protecting nature, all of which will directly benefit nature conservation efforts in the real world. Animoca Brands is an investor in metaverse and NFT games with more than 200 blockchain-related investments, including Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), and Yield Guild Games.
As part of the partnership, Untamed Planet and Animoca Brands will develop and publish Untamed Metaverse, an upcoming game to benefit nature conservation efforts. Untamed Planet’s primary conservation partner is WildArk, a registered non-profit organization that works with dozens of other organizations worldwide to support community-led conservation efforts and secure space for wildlife and biodiversity.
The Wilson Sonsini team that advised Untamed Planet on the transaction includes Jonathan Chan, Rich Mullen, Becki DeGraw, Kevin Dong, Chris Paniewski, Scott McKinney, Rob Rosenblum, Amy Caiazza, and Matty Gallas.