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Venture Capital News: Doodles Grabs $54M at $704M Valuation

2022-09-13
MIAMI, FL, Doodles, a leading web3, media & entertainment brand, today announced the closing of $54 million at a $704 million valuation.
Doodles today announced the closing of $54M at a $704M valuation, a first round of financing led by Seven Seven Six, with participation from 10T Holdings, Acrew Capital and FTX Ventures.

Doodles is a joyful collection of 10,000 NFTs co-founded by digital artist Burnt Toast and Web3 pioneers Evan Keast and Jordan Castro. Since its launch in October 2021, Doodles has quickly become one of the most beloved collections since the birth of NFTs, thanks to its inclusive characters, colorful world, and passionate community -- combined with its innovative roadmap. Notable collectors include Justin Bieber, Future, Gary Vee, Snoop Dog, Fat Joe, Kygo, Diplo, Steve Aoki, Pranksy, and others.
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