Web3 fashion startup mmERCH completes $6.4 million in seed round financing
mmERCH, a Web3 fashion startup that supports blockchain, announced the completion of a $6.4 million seed round of financing with a post-investment valuation of $25.7 million. The round was led by Liberty City Ventures, with participation from 6529 Holdings LLC, Christie's Venture Capital, and Flamingo DAO. The funds will be used to invest in the brand's proprietary technology stack, expand the engineering team, and invest in subsequent series, all with the aim of creating a modern brand and platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC falls below $69500
ETH falls below $2,500
DeFi protocol Elixir goes live on mainnet in Phase 1
Alliance DAO’s Demo Day showcases industry trends
Optimistic rollups like Optimism, Arbitrum and Base are seeing rapid adoption relative to zk rollups
Trending news
MoreCrypto prices
More
