The NFT platform raised funding from notable angel investors including Paul Forster to support its curated digital art marketplace.
"For artists, just as in the traditional art world, marketing and selling NFTs is a huge job and requires specialist knowledge and skills. It’s unlikely the world’s best digital artists will rise to the top if they also have to be world-class at web3 marketing in order to do so. We’re therefore helping artists join forces with people who really get it, leaving the artist to do what they do best – create amazing works!"
The seed round was co-led by Dawn Capital and Form Ventures to support technology development and commercial expansion.
"With the acquisition of Twitter by Elon Musk, getting content moderation right is not only a priority for the democracies in the world, but also a business imperative for any platform hosting user content"
Octopus Ventures led the financing, which included backing from Hashed, Coinbase Ventures, and several prominent industry angels.
"Merge's vision is to build the infrastructure necessary to allow crypto businesses to operate without fear of shutdown by regulators or third-party risk teams. We're excited to back them as they build that and, ultimately, unleash even more innovation in crypto and defi."
The capital will support team expansion and product development as demand for corporate ESG solutions grows.
"The last few years have been incredibly tough for local communities and businesses alike. For Neighbourly to have been able to grow a technology solution that’s enabled organisations to have a positive impact at a local level during this time signals a changing world in which being a successful business is being one that is a force for good."
Target Global led the seed financing round to support the payment platform's European expansion and product development.
"We are excited to offer our customers an unrivalled experience when it comes to accessing a reliable and transparent tool for cross-border payments. Our value lies in our ability to remove hurdles when it comes to opening business bank accounts and offering payment services at a fraction of the cost versus high street banks and legacy providers. We aim to board and activate customers in under 48 hours, start to finish. All of this is now available through one application and one dashboard to stay in control of your payments."
