Cryptokitties development studio Dapper Labs has raised $15 million from a new investment round. The money comes from companies like Google Ventures and Samsung NEXT, while Andreessen Horowitz and some smaller investors were also in on it. This new round of funding comes almost 8 months after Dapper Labs raised 12 million funding for its collectible cat game.
However, not all funding is going to Cryptokitties. The latest round is supposedly being used for a new endeavor. CTO Dieter Shirley has hinted at a reveal coming in ‘the next few weeks, not months’.
The amount of money Dapper Labs is raising for its work is remarkable. Currently Cryptokitties is being played by 500 users every day. These are not amazing numbers. It would basically mean that every user is worth 30 thousand dollars, which is an insane amount from a business perspective.
However, in September Cryptokitties got the headlines when a virtual cat called Dragon was sold for 600 ETH. At that moment it was equivalent to 172 thousand dollars. The average price per cat is currently around 60 dollars.