The NFT marketplace, which counts Stanford-StartX Fund as an investor, has raised series B funding led by Andreessen Horowitz.
OpenSea, a US-based non-fungible token (NFT) marketplace operator backed by Stanford University-affiliated Stanford-StartX Fund, secured $100m in series B funding on Tuesday at a valuation of $1.5bn.
The round was led by venture capital firm Andreessen Horowitz and also featured investment manager Coatue and private investors Michael Ovitz, Kevin Hartz, Dylan Field, Kevin Durant, Ashton Kutcher and Tobi Lutke.
Founded in 2017, OpenSea operates a marketplace for crypto collectibles and NFTs: crypto assets that record ownership of digital…
