DNABLOCK Raises $7M Seed Financing
2022-03-01
LOS ANGELES, CA, DNABLOCK, a company developing tools for creator communities in the new decentralized medium of Web3, has closed its second seed round of $7 million.
The round was led by blockchain gaming, NFT, and metaverse champions Sfermion, Solana Ventures, Animoca Brands, and Non-Fungible Labs, with participation from a diverse group of investors in Web3 including SoftBank Group's SB Opportunity Fund, LD Capital, Haobo Zhao, CMT Digital, Gaingels, RareBreed, Alumni Ventures, Diverse Angels, Fenwick and West, Figure 8 Investments and Bill Silva. Previous seed round investors include Twitch co-founder Kevin Lin, Mike Shinoda, and Spacecadet Ventures.
DNABLOCK enables the world's greatest creative minds and storytellers to bring their narratives to life through REPLIKANT, a massively collaborative creativity tool for Web3. REPLIKANT allows distributed teams to create bespoke, high-quality, digital 3D avatars, videos, games and even cinema-quality productions in the fraction of the time and cost of traditional animation and visual effect studios.
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