/Companies

Sky Mavis

also invests · investor profile

Founded 2019 · 122 employees on LinkedIn · 19 known investors

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Sky Mavis builds blockchain games and related infrastructure, with Axie Infinity as its flagship product. The company develops gaming and economic systems that combine gaming mechanics with blockchain technology.

Also known as Sky Mavis Pte Ltd

Founders & leadership

Sky Mavis was founded in 2019 by Trung Nguyen, Aleksander Larsen, and Jeffrey Zirlin.

TNTrung Nguyen
Trung NguyenFounder
ALAleksander Larsen
Aleksander LarsenFounderAleksander Larsen is co-founder and former COO of Sky Mavis, which developed the blockchain game Axie Infinity and the Ronin Network. He also founded Stendr, a Norwegian defence technology company developing AI-native systems.
JZJeffrey Zirlin
Jeffrey ZirlinFounder
AL
Aleksander Leonard LarsenFounder
AH
Andy HoFounder
KD
Kyrylo DubovykFounder
NT
Nguyen Thanh TrungFounder
TD
Tu DoanFounder
VA
Viet Anh HoFounder

Investors · 19

500 GlobalreportedPalo Alto · $150K

How we know: a partner's Signal profile · funding news · Not right? Tell us

HashedreportedSeoul

How we know: funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

$150M disclosed across 1 of 3 rounds · 2019–2022

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Sky Mavis is a blockchain gaming company that builds both games and the underlying chain infrastructure for player-owned economies. Its flagship product is Axie Infinity, a game in which players collect, breed and battle NFT-based creatures called Axies; the broader Axie universe includes the App.Axie marketplace for buying and selling Axie collectibles, Axie Infinity: Origins (a PvP tactical card battler) and Axie Infinity: Homeland (a village-building title set on the planet Lunacia) [0][2][5]. The company also develops Ronin, an EVM-compatible blockchain (described as an Ethereum sidechain) designed for developers building games with player-owned economies and positioned by the company as the leading gaming-centric blockchain by all-time NFT volume, handling transactions at a fraction of Ethereum mainnet cost [0][4][5].

A third pillar, the Mavis Ecosystem, packages developer tooling intended to let third-party studios build and scale blockchain games, including NFT marketplaces, reward distribution systems, decentralized domain name services and wallet solutions with keyless onboarding [0][4]. Beyond product, Sky Mavis operates an in-house venture arm, Sky Mavis Ventures, which makes direct equity and token investments in early-stage web3 gaming studios and infrastructure projects, with reported positions in the web3 game Parallel and cross-chain protocol LayerZero [5].

Secondary profiles differ on founding details: one dates the company to 2018 with co-founders Trung Nguyen, Aleksander Leonard Larsen, Kyrylo Dubovyk and Jeffrey Zirlin [5], another states 2018 co-founding by Larsen, Nguyen and Zirlin while elsewhere listing 2019 [4], and a journalistic profile says Nguyen co-founded the company in 2018 and that it has five co-founders [3]. Reported CTO identity also differs across sources (Viet Anh Ho [3][4] versus Kyrylo Dubovyk [5]).

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Related companies · 8

AxieAxie Infinity is a blockchain-based, NFT creature-battling game developed by Vietnam-based game studio Sky Mavis.
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RoninRonin is a blockchain built for gaming applications, offering fast, low-cost transactions along with a marketplace, wallet, and launchpad for game developers. It provides tooling such as account abstraction and its native RON token, which powers gas fees and rewards across the network.
MessariCrypto data, research and disclosure platform covering 40,000+ assets; acquired by Blockworks in June 2026.
ZipmexZipmex publishes articles and guides about cryptocurrency, covering topics such as price forecasts, NFT marketplaces, crypto security, and investment trends. The site functions primarily as a crypto content and education resource.
BitpinasBitPinas is a news media outlet covering cryptocurrency and blockchain developments, with a focus on the Philippines and broader Asian markets.
SteamSteam is a digital platform for purchasing, downloading, and playing video games, serving both individual gamers and game developers worldwide.
BlockworksBlockworks operates a platform for onchain capital markets, connecting investors and businesses and providing data, research, and information to help investors underwrite crypto assets. It also produces market and crypto research and media content such as its "The Breakdown" series.

Companies working in the same space as Sky Mavis.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Sky Mavis do?
Singapore-based blockchain gaming studio behind Axie Infinity and the Ronin gaming blockchain.
Who founded Sky Mavis?
Sky Mavis was founded by Trung Nguyen, Aleksander Larsen, Jeffrey Zirlin in 2019.
Who are Sky Mavis's investors?
Sky Mavis's investors include a16z crypto, Accel, Andreessen Horowitz, AVV, Backed, Collab+Currency, ConsenSys Mesh, Cultur3 Capital and 11 more.
How much funding has Sky Mavis raised?
Sky Mavis has disclosed $150M raised across 1 of its 3 known rounds.