Tech Company Financing Transactions
Pixel Vault Funding Round
Private investors and Velvet Sea Ventures participated in a $100 million funding round for Pixel Vault. The financing round closed on 2/12/2022.
Transaction Overview
Company Name
Announced On
2/12/2022
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Proceeds Purpose
[They] have the mandate to build a decentralized Disney, which in my mind, means co-creation and co-ownership with avid fans in order to hold you to task, who don't participate in the economics but participate in the appreciation of their characters that are in this world," Velvet Sea Ventures's Michael Lazerow tells TechCrunch
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed Undisclosed
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of non-fungible token-based media intended to decentralize entertainment content creation. The company's platform allows artists, creators, and collectors to participate in the ownership of digital content through non-fungible tokens and also features a metaverse governed by the thousands of fans who purchased membership tokens, providing content creators and collectors with a forum for buying and selling content in a through a content ecosystem
Management Team
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We do our best to record funding rounds that are announced publicly. VC transactions on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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