Magic Eden

About

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

San Francisco,California,United States
https://www.magiceden.io

Highlights

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