
Genies, NFT startup, raises $65 million in Series B led by Mary Meeker’s Bond Capital with participation from Coinbase Ventures, Dapper Labs, Polychain, Hashkey and others
Genies raises $65 million in Series B.
The NFT marketplace Genies raised $65 million in a Series B funding round, according to CoinDesk.
The round was led by Mary Meeker’s Bond Capital, with participation from Coinbase Ventures, Dapper Labs, Polychain, Hashkey and others.
The proceeds will be used by Genies to build an NFT marketplace on the Flow blockchain from Dapper Labs.
The startup allows users to create their own avatar. Users will be able to buy, sell and swap clothing for their characters. All items will be backed by non-fungible tokens.
Co-founder and CEO Jake Adams spoke about the startup’s aim to help people seeking self-expression in the digital world.
At the end of March, the NFT marketplace OpenSea raised $23 million from Andreessen Horowitz and other investors.
The NFT platform SuperRare closed a funding round worth $9 million.
In April, the NFT marketplace Zora raised $8 million from unnamed investors.
The blockchain company Enjin received $18.9 million in investments to create a new NFT platform.
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