The investment is led by Alexis Ohanian's firm Seven Seven Six. The round is also funded by Brevan Howard Digital, Leadout Capital, First Light Capital Group, and Polygon Ventures.

SYKY is creating the future of fashion. SYKY believes technology has the potential to be a great equalizer and the next generation of designers will be digital-first, revolutionizing design in digital, physical, augmented worlds. SYKY is building at that intersection. The company's name is inspired by Psyche, the Goddess of the Soul in classical mythology, who has personified the quest for self-determination in poetry, art, psychology-and now, in fashion and technology.