Mighty Jaxx announced Monday the first close of $20 million in its oversubscribed Series A+ funding round, pushing the company’s valuation to over $200 million. The funding round, fuelled by burgeoning interest in the phygital and metaverse future, was led by East Ventures (Growth Fund) and includes new strategic investor Mirana Ventures – the venture partner of Bybit and BitDAO. Easternwind International, Pan Solar Ventures and Teja Ventures are the other new investors participating in the round, while major investors from the previous rounds including KB Investment and Korea Investment Partners continue to participate and contribute towards the growth of Mighty Jaxx. To date, Mighty Jaxx has raised $34.8 million in funding from a global network of investors that also includes Greycroft.