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NFT auction marketplace OpenSea raises $100 mn, becomes Unicorn

NFT auction marketplace OpenSea is now a Unicorn. The platform that witnessed massive traction earlier this year raised $100 million in a Series B round led by Andreessen Horowitz at $1.5 billion, as per a TechCrunch report. The startup, which raised $23 million in Series in March this year, witnessed investors such as Coatue, CAA, Michael Ovitz, Kevin Hartz, Kevin Durant, and Ashton Kutcher in the fresh round. As per the TechCrunch report, OpenSea saw $160 million in sales last month and is growing fast despite challenges. One of the company’s clearer growth roadblocks has been infrastructure issues native to the Ethereum blockchain-based marketplace.

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OpenSea Raises $100M in Funding; Valued at $1.5 Billion

OpenSea Raises $100M in Funding; Valued at $1.5 Billion
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OpenSea raises $100M in funding to scale up its NFT marketplace

OpenSea raises $100M in funding to scale up its NFT marketplace
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OpenSea Becomes Crypto Unicorn after Raising $100M in Its Series B Funding Round

OpenSea Becomes Crypto Unicorn after Raising $100M in Its Series B Funding Round
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