Tech Company Financing Transactions

NFTfi Funding Round

NFTfi secured a $5 million Seed funding round on 11/18/2021. Backers included 1kx, Kleiner Perkins Caufield & Byers and Maven 11 Capital.

Transaction Overview

Company Name
Announced On
11/18/2021
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Proceeds Purpose
With the new cash infusion, NFTfi plans to grow its team, launch new product features, roll out the platform on other blockchains, invest in its community and fund its decentralization.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Cape Town, 6665
South Africa
Phone
Undisclosed
Email Address
Not Recorded
Overview
NFTfi.com is a simple marketplace for NFT collateralized loans that allows you to put your NFT assets up as collateral for a loan, or offer loans to other users on their non-fungible tokens.
Profile
NFTfi LinkedIn Company Profile
Social Media
NFTfi Company Twitter Account
Company News
NFTfi News
Facebook
NFTfi on Facebook
YouTube
NFTfi on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Stephen Young
  Stephen Young LinkedIn Profile  Stephen Young Twitter Account  Stephen Young News  Stephen Young on Facebook


 

 

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Prev: 11/18/2021: FlipOS venture capital transaction
Next: 11/18/2021: People Data Labs venture capital transaction

 

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Our team works diligently to report on tech company VC transactions. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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