Site iconSite icon ForkLog

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

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.

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.

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.

Follow ForkLog’s bitcoin news on our Telegram — cryptocurrency news, rates and analysis.

Exit mobile version