Dapper Labs closes $250 million funding round led by Google Ventures and a16z

Dapper Labs closed a $250 million funding round with participation from Google Ventures, Andreessen Horowitz, Coatue, Version One Ventures and other investors.

🚨Good news comes in pairs.

We’ve raised $250M from existing investors led by Coatue including a16z, GV (formerly Google Ventures) and Version One Ventures as well as new investors including BOND and GIC. https://t.co/9c5EEcUX6y

— Dapper Labs (@dapperlabs) September 22, 2021

Dapper Labs’ valuation reached $7.6 billion, writes Decrypt.

The funds will be used to scale and build new products in sports, entertainment and music industries.

Dapper Labs also announced a collaboration with La Liga. The company will release digital collectible cards in partnership with Barcelona, Real Madrid and other Spanish football clubs.

Calling all ⚽️ fans! Doesn’t get better than this.
Dapper Labs has joined forces with @LaLiga to bring a new digital collectible experience for fans #builtonFlow. https://t.co/qBLQxUuuWv

— Dapper Labs (@dapperlabs) September 22, 2021

In March, Dapper Labs raised $305 million from Michael Jordan and other investors.

In September, the French NFT platform Sorare completed a Series B funding round worth $680 million.

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