Palm Nft Studio Announces $27M Series B Funding
12/09/21, 5:00 PM
Location
doverMoney raised
$27 million
Industry
transportation
sustainability
design
financial services
other
software
Round Type
series b
Palm NFT Studio today announced a Series B raise of $27MM led by Microsoft's venture fund M12, and including Griffin Gaming Partners, RRE, Third Kind Venture Capital, Sfermion, the LAO, Warner Bros., SK Inc. and more. The raise will support the scaling of the Palm NFT Studio team as it continues to be a transformative force across entertainment, fine art, gaming and creative culture.
Company Info
Location
dover, delaware, united states
Additional Info
Today, this technology platform enables Palm NFT Studio to partner with leading creators and brands to power their NFT projects. The funding will enable Palm NFT Studio to offer this platform to any third party who wants to deploy an NFT project at scale, with an emphasis on easy onboarding for new users, regulatory compliance and environmental sustainability. Palm NFT Studio is one of the critical building blocks for this next wave of the web,” said M12 managing director Matthew Goldstein.