Magic Eden

investment firm

About

Magic Eden is an NFT marketplace for users to discover, trade, and create NFTs.

Details

Last Funding Type
Series B
Last Funding Money Raised
$130M
Industries
Cryptocurrency,Internet,Marketplace
Founded date
Jan 1, 2021
Operating Status
Active
Legal Name
Euclid Labs, Inc.

Magic Eden is a community-centric company. We work hard to be responsive, close to the ground, and in service to the best interests of our collections. To prove our commitment to the community, we airdropped Magic Ticket, our own collection, to over 30,000 users. Holding a Magic Ticket gives holders access to our discord-based DAO, MagicDAO, where we deliver interconnectivity via social programs and rewards to the community.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$170M
Magic Eden has raised a total of $170M in funding over 2 rounds. Their latest funding was raised on Dec 6, 2022 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 6, 2022 Private Equity(PE) $10M 1 Alameda Research Detail
Dec 6, 2022 Initial Coin Offering $500K 1 Alameda Research Detail
Jun 21, 2022 Series B $130M 6 Electric Capital
Greylock
Detail
Mar 14, 2022 Series A $27M 5 Paradigm Detail
Oct 1, 2021 Seed $2.50M 2 Detail

Investments

Number of Investments
Number of Lead Investments
25
0
Magic Eden has made 25 investments. Their most recent investment was on Dec 7, 2022, when StructureFlow raised £2.90M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 7, 2022 StructureFlow
Seed £2.90M Data Visualization
Nov 8, 2022 doola
Series A $8M Business Development
Oct 12, 2022 Epic League
Series Unknown Blockchain
Sep 6, 2022 Dust Labs
Seed $7M Blockchain
Aug 4, 2022 Panzerdogs
Seed $3.35M Blockchain

Investors

Number of Lead Investors
Number of Investors
5
9
Magic Eden is funded by 9 investors. Alameda Research and Electric Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Alameda Research Yes Private Equity(PE)
Electric Capital Yes Series B
Greylock Yes Series B
44 Venture Opportunities Series B
Lightspeed Venture Partners Series B
Paradigm Series B
Sequoia Capital Series B
Solana Ventures Series A
Coinbase Ventures Seed

Employee Profiles

Number of Employee Profiles
6
Magic Eden has 6 current employee profiles, including Executive Zhuoxun Yin
Executive
Executive
Employee
Executive
Executive