UNXD raises $4 mn to bring global brands to Metaverse

10 Mar '22

1 min read

Pic: UNXD

UNXD, a curated marketplace for digital luxury and culture, has raised $4 million in funding from a list of crypto-native investors to create the future of luxury and culture in the metaverse. The company will use the funds to expand its studio team, brand partnerships team, and community team to build the ecosystem for crypto-native fashion and luxury.

Moreover, the company will add developers, designers, and operations folks to create the platform on which its build the experiences, it said in a media release.

Its investors include major ecosystem players like Polygon Studios and Animoca Brands, RED DAO, Orange DAO, HanDAO, Andromeda Capital Advisors, Arcanum Capital, Bitscale Capital, Finality Capital Partners, Future\Perfect Ventures, Global Coin Ventures, Goodwater Capital, Hyperedge, Infinite Capital, Morningstar Ventures, Nalu Capital, Narcissus Ventures, and TLF Ventures.

A litany of private investors and builders like Aniket Jindal (Biconomy), Barthazian, Cooper Turley (Coopahtroopa), Daniel Maegaard (Seedphrase), Eden Holdings, Gabby Dizon and Jeff Holmberg (Yield Guild Games), Gmoney, Hemba, Jaynti Kanani and Sandeep Nailwal (Polygon), Jeff ‘Jiho’ Zirlin (Axie Infinity), Jordan Lazaro Gustave, Marc Weinstein (Mechanism Capital), Megan Kaspar (FirstLight), Punk 6529, Suzy Ryoo, Tom Yi and more have also participated in the round.

Fibre2Fashion News Desk (KD)

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