The company that launched the Bored Ape Yacht Club is now valued at $4B after an astonishing $450 raise. Looks like these apes might be getting actual yachts.
Yuga Labs, the creators of Bored Ape Yacht Club and new owners of the CryptoPunks and Meebits brands,it is now valued at $4 billion after its latest $450 million seed funding round. VC firm Andreessen Horowitz, or a16z, led the company's first institutional investment, marking one of the largest seed rounds for any nonfungible token collection to date.
Other investors included Animoca Brands, FTX and MoonPay, as well as LionTree, Sound Ventures and Thrive Capital. The company plans to use the funds to scale its team, attract more creative, engineering and operations talent, as well as for future joint ventures and partnerships. To celebrate the occasion, Chris Lyons, a general partner at Andreessen Horowitz, loaned his Bored Ape to a16z, which uploaded it as the firm's new profile picture on Twitter. Lyons tweeted that he will be joining the board of Yuga Labs to help"define the future of culture and innovation."
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bored Apes Owner Yuga Labs Raises $450M Led by A16z.boredapeyc creator yugalabs has raised $450 million to build out its NFT-based gaming metaverse in a funding round led by a16z. elitanjourno reports
Weiterlesen »
Ava Labs Founder & CEO on Rapid Growth and Future AmbitionsEmin Gun Sirer explains why the Avalanche network has seen sizable growth in token value and active wallets, attributing it the merits of their technology such as high transaction speed. Gun Sirer also shares plans for the network’s future expansion, exploring potential use cases for subnets.
Weiterlesen »
Web3 infrastructure startup Mysten Labs unveils its Layer 1 blockchainWeb3 infrastructure startup Mysten Labs has unveiled its inaugural product: a Layer 1 blockchain called Sui.
Weiterlesen »
Poodles pop in popularity, but Labs still No. 1 US dog breedLabrador retrievers are still tugging hardest on U.S. dog lovers' heartstrings, but poodles just strutted back into the American Kennel Club's top five most popular dog breeds for the first time in nearly a quarter-century.
Weiterlesen »
Poodles pop in popularity, but Labs still No. 1 US dog breedLabrador retrievers are still tugging hardest on U.S. dog lovers' heartstrings, but poodles just strutted back into the American Kennel Club's top five most popular dog breeds for the first time in nearly a quarter-century.
Weiterlesen »
Bored Apes Owner Yuga Labs Raises $450M Led by A16z.boredapeyc creator yugalabs has raised $450 million to build out its NFT-based gaming metaverse in a funding round led by a16z. elitanjourno reports
Weiterlesen »