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

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

04/01/22, 12:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$35 million
Round Type
seed
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 Info

Company
Twitch Co Founder
Location
san francisco, california, united states
Additional Info
The seed financing comes two months after the company came out of stealth in December, and a month after launching to the public.