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Twitch Co-Founder Raises $35M Seed Round For Fractal, A New Marketplace For Gaming Nfts, From Paradigm And Multicoin Capital

Apr 01, 2022over 3 years ago

Amount Raised

$35 Million

Round Type

seed

San Francisco

Description

Fractal, a new marketplace for gaming NFTs founded by Justin Kan, the co-founder of Twitch, today announced a $35M seed round led by Paradigm and Multicoin Capital with with participation from Andreessen Horowitz, Solana Labs, Animoca, Coinbase Ventures, Play Ventures, Position Ventures, Zynga founder Mark Pincus, Crossover, Shrug Capital, TerraForm CEO Do Kwon, Tim Ferriss, the founders of Ramp, and many more. Paradigm's Matt Huang will be joining the company's board. This financing round comes two months after launching Fractal to the public on December 30th, 2021. The new funds will be used to hire more engineers, recruit and support game developers, and grow a vibrant ecosystem of GameFi participants.

Company Information

Company

Twitch Co Founder

Location

San Francisco, California, United States

About

The seed financing comes two months after the company came out of stealth in December, and a month after launching to the public.

Funding Insights

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