Web3 toy project Capybobo has raised 8 million in a new funding round. The round was led by Pluto Vision Labs, backed by YZi Labs, and joined by Folius Ventures, Animoca Brands, HashKey Capital, and Mirana Ventures.
The investment marks a major step for Capybobo as it works to connect digital gaming with collectible toys and physical merchandise. The project began as a mini-game in the TON ecosystem and later grew into a Web3 platform offering digital outfit NFTs linked to real-world doll costumes.
The new capital will accelerate Capybobos goal of merging toy culture, gaming, and blockchain. It will also help expand its flagship digital clothing line, PYBOBO Outfits, designed to bridge the gap between online collectibles and tangible art toys.
