Aurory Funding, Investors & Competitors

Aurory has raised $110M across 2 funding rounds, most recently a $2M seed round in December 2023.

Last Aurory funding round

$2M

Seed · Dec 2023

Cumulative funding Aurory raised

$110M

across 2 funding rounds

Key investors in Aurory

  • Animoca Brands
  • Alameda Research
  • CMS Holdings
  • Solana Ventures
  • 6th Man Ventures
  • Genblock Capital
  • Zee Prime Capital
  • Tioga Capital Partners

Aurory Overview

About Aurory

Aurory is a blockchain game studio building Web3 games on the Solana network. Its flagship title centers on creatures called Amikos, combining roguelite role-playing mechanics with expedition-based gameplay in which players risk in-game assets to earn rewards, including its native AURY token. The studio's founding team draws on experience from established traditional game studios.


Founded

2021

HQ

CanadaCanada

Website

aurory.io

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Aurory Funding History

Aurory has raised a total of $110M across 2 funding rounds.

Aurory's first fundraising round was a $109M ico round in October 2021. The most recent completed round was a $2M seed round in December 2023.

Aurory funding rounds

Aurory funding rounds
DateStageInvestorsRaised
Dec 2023SeedTioga Capital Partners (lead)$2M
Oct 2021ICOPirata Capital Management; Alameda Research; Solana Ventures; Triblock; Animoca Brands; 6th Man Ventures; Genblock Capital; Zee Prime Capital; CMS Holdings$109M

Who has invested in Aurory?

10 investors have backed Aurory across its funding rounds, including Animoca Brands, Alameda Research, CMS Holdings, Solana Ventures, 6th Man Ventures and Genblock Capital.

Lead investors include Tioga Capital Partners.


Aurory Investors

Investors in Aurory by funding rounds participated
InvestorHQRoundsRoleFirst check
Pirata Capital ManagementUnited StatesOrlando, FL1ParticipantOct 2021
Alameda ResearchHong KongHong Kong1ParticipantOct 2021
Solana VenturesUnited StatesNew York City, NY1ParticipantOct 2021
TriblockUnited StatesBoston, MA1ParticipantOct 2021
Animoca BrandsHong KongHong Kong1ParticipantOct 2021
6th Man VenturesUnited StatesUnited States1ParticipantOct 2021
Tioga Capital PartnersBelgiumBrussels1LeadDec 2023
Genblock CapitalUnited StatesSan Francisco, CA1ParticipantOct 2021

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Investments by Aurory

Aurory has invested in 1 company to date.

Latest investment by Aurory was on June 24th 2024. Aurory invested in Shaga in their $1M Angel round.


Latest Investments by Aurory

Shaga
Description
Shaga is a Tel Aviv-based blockchain gaming studio composed of veterans from distributed systems, networking, and online gaming sectors. It builds decentralized multiplayer games and infrastructure protocols on Ethereum-compatible chains, enabling player-owned assets and seamless cross-game interoperability.
HQ CountryUnited States
HQ City
Dover, DE
Deal Date24 Jun 2024
RoundAngel
Raised$1M
InvestorsQuotient Ventures; Pavel Bains; Arca; Marin Ventures; Anatoly Yakovenko; Stephen Akridge; Amir Haleem; Skybridge 20 Ventures
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Aurory Competitors

Aurory competitors include listed companies like DeNA, MNC Digital Entertainment and Block, and private ones like Labs, Sorare and Ripple.

Public and private companies comparable to Aurory
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
LabsUnited StatesLos Angeles, CAPrivate--$10B-
SorareFranceParisPrivate$150M-$4.3B28.7x
DeNAJapanJapanPublicly listed$950M$177M$1.5B1.1x
MNC Digital EntertainmentIndonesiaIndonesiaPublicly listed$216M$73M$1B-
RippleUnited StatesSan Francisco, CAPrivate$1.2B-$50B-
BlockUnited StatesUnited StatesPublicly listed$24B$2.2B$46B1.6x

Aurory Public Comps

Aurory is still privately-owned, but its public comps include Tencent, NetEase, Sea, Strategy, Block, Coinbase, Roblox, Circle, Konami and NEXON.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tencent$112B$51B4.5x4.2x9.9x9.9x
NetEase$17B$5.8B3.1x3.0x8.9x7.7x
Sea$23B$2.4B2.5x2.0x24.3x16.5x
Strategy$477M($5.4B)149.4x144.4x(13.1x)(12.3x)
Block$24B$2.2B1.7x1.6x18.6x9.4x
Coinbase$7.2B$1.8B6.1x7.6x24.2x27.2x
Roblox$4.9B($1B)6.7x4.7x(32.6x)24.1x
Circle$2.7B($73M)7.2x6.8x(273.4x)29.6x

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Common questions about Aurory

When was Aurory founded?Aurory was founded in 2021.
Where is Aurory headquartered?Aurory is headquartered in Canada.
Is Aurory publicly listed?No, Aurory is a private, VC-backed company.
How much funding has Aurory raised?Aurory has raised $110M across 2 funding rounds.
What was Aurory's last funding round?Aurory's last funding round was a $2M seed round in December 2023, led by Tioga Capital Partners.
Who are Aurory's investors?Aurory's investors include Pirata Capital Management, Alameda Research, Solana Ventures, Triblock, Animoca Brands, 6th Man Ventures, Tioga Capital Partners, Genblock Capital, Zee Prime Capital and CMS Holdings.
Which companies are comparable to Aurory?Companies comparable to Aurory include Labs, Sorare, DeNA, MNC Digital Entertainment, Ripple and Block.
How many companies has Aurory invested in?Aurory has invested in 1 company, including Shaga.
What was Aurory's last investment?In June 2024, Aurory invested in Shaga's $1M angel round alongside Quotient Ventures, Pavel Bains, Arca and 5 other investors.

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