Original Source: Old Yuppie
Original Source: Old Yuppie
According to a Reuters report, in the third quarter of 2021, NFT sales soared by more than $10 billion. In addition, Brandessence market research shows that in the first half and third quarter of 2021, NFT transaction volume increased by 328%. This shows that the NFT industry is growing rapidly and attracting more professional and institutional players into the industry.
Just recently, Mike Novogratz, the cryptocurrency billionaire and CEO of Galaxy Digital Holdings, announced the launch of his NFT charity project.
A few days ago, American multinational shoe company Nike announced the acquisition of RTFKT Studio, an NFT collectibles and fashion startup.
In addition, American multimillionaire Justin Kan has also launched his own NFT marketplace called Fractal.
Who are the key players acting and investing in this industry is very important. Here are arguably the leading venture capital firms and investors in the NFT industry, and everyone can see why they are on this list. If you have a project, your project has the potential to be the next project these people invest in. If you're an NFT collector, paying attention to these names can be helpful for you to analyze the industry and find the next gem for your collectibles.
1、Andreessen Horowitz (a16z)
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A16z is one of the largest startup venture capitalists in the NFT market. It is a venture capital firm based in Silicon Valley that supports bold entrepreneurs who transform the world with technology.
In a November 2021 PitchBook article, A16z participated in 39.27% of all VC deals by NFT companies by value. A16z only participates in deals with the highest value in the market.
Some notable investments by a16z in the NFT market include a $150 million investment in gaming platform Mythical Games in its Series C funding round, which valued the platform at $1.25 billion. Also, I'd be remiss if I didn't mention the Series B round for Axie Infinity, a blockchain-enabled play-to-earn video game company, raising $152M at a $3B valuation.
In March 2021, a16z was a lead investor in a $23 million funding round for popular NFT marketplace Opensea. And they’re also part of a $21 million Series A round for browser-based NFT game developer Faraway.
In September 2021, a16z is a returning investor in a new round of financing from Dapper Lab, the creator of the NBA Top Shot and Flow blockchains, using blockchain technology to bring NFTs and new formats to fans around the world digital engagement.
In November 2021, a16z invested up to $55 million in NFT-based music copyright startup Royal during its Series A round of financing, while NFT-based music startup sound.xyzan announced that it had raised in a seed round led by a16z raised $5 million.
2、Coatue
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Coatue Management LLC is a global investment firm focused on public and private companies in the technology, media and telecommunications industries.
In March 2021, Coatue led a funding round for Dapper Lab that raised $305 million for the NTF-based company behind Cryptokitties and NBA Top Shot.
Coatue was also instrumental in raising over $125 million in funding for NFT marketplace Opensea.
3、Benchmark
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Benchmark is a San Francisco-based venture capital firm that provides seed funding to startups.
In September 2021, Benchmark is also a return investor for Sorare's $680 million Series B financing.
4、Moonrock Capital
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Moonrock Capital is a leading NFT financing venture capital firm based in the UK and Germany."CoinBase for NFTs "In May 2020, Moonrock Capital co-led the initial seed round for CoinBurp, a London-based cryptocurrency platform that built a
application ecosystem.
In December 2021, Moonrock Capital announced an undisclosed investment in gaming platform Exeedme.
Earlier this year, the company also made an undisclosed investment in Showcase, a social NFT app that bridges influencers and fans.
In May 2021, Moonrock Capital announced another undisclosed investment in Jenny, a community-controlled Metaverse DAO, and they also launched an NFT.
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5. Animoca brand
Animoca Brands is a software and venture capital company based in Hong Kong.
In November 2021, Animoca Brands led a $2.7 million seed round for MetaMundo, a 3D NFT marketplace for building the Metaverse.
In October 2021, Animoca Brands participated in an $8.3 million seed round for Genopets, an NFT mobile earning game platform where players are rewarded for their steps in real life.
6、Divergence Ventures
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Divergence ventures is a venture capital firm based in San Francisco, CA.
In January 2021, Divergence ventures raised $6.8 million for Fractional, art and entertainment NFT companies.
In February 2021, they raised $2 million in funding for Async Art, an NFT-based art company.
In September 2021, Divergence Ventures also raised a total of $10 million in funding for Cybertino, an NFT-based infrastructure company.
In May 2021, Divergence Ventures participated in a $500,000 pre-seed round for augmented reality NFT platform Anima.
7、Coinbase Ventures
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Coinbase Ventures is a venture capital firm that invests in startups building open financial systems.
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