Autograph, an NFT marketplace and web3 platform co-founded by Tom Brady, has received a cash injection of $170 million USD in its latest funding round.
The Series B round announced on Wednesday was co-led by a16z and Kleiner Perkins, and includes investments from Lightspeed Partner Nicole Quinn and Katie Haun’s firm. In addition, the company has added new members to its board, including Haun, Ilya Fushman, partner at Kleiner Perkins, and a16z’s Arianna Simpson and Chris Dixon.
Autograph, which launched in July, says that it will use the funds to continue to scale its NFT technology and build relationships with sports and entertainment partners. The platform has recently seen success with several celebrity NFT launches, including projects featuring Tiger Woods, Naomi Osaka, The Weeknd, Simone Biles, Tony Hawk and Derek Jeter. It has also partnered with entertainment companies like Lionsgate and Slam Magazine.
“We’re in the midst of an exciting moment in the evolution of the next generation of the internet,” Huan said in a press release.
In other news, HYPEBEAST chatted with Brady about his upcoming apparel brand launch and the future of NFTs.
wazup.