February 15, 2021 @ 11:08 am By Omar Faridi
Dapper Labs, which is the company behind highly-popular digital collectibles like NBA Top Shots and CryptoKitties, has finalized an initial tranche of bridge financing. Dapper Labs confirmed that it plans to secure as much as $50 million in capital.
Last year, Dapper Labs had acquired $13.4 million in a tranched bridge financing round from Coinbase Ventures, Distributed Global, Valor Capital Group, A.Capital, BlockTower Capital, Blockchange Ventures, EONXI Ventures, Reed Company, Greenfield One, North Island Ventures, Republic Labs, L1 Digital AG, Pirata Capital, and Samsung NEXT.
Other round participants in August 2020 included Andreessen Horowitz’s Cultural Leadership Fund, Union Square Ventures, Venrock, Accomplice, Animoca Brands, AppWorks, NBA athletes