Big Whale Labs, a Vancouver, British Columbia, Canada-based web 3 social startup, raised $655k in pre-seed funding.
The round was led by Slow Ventures with participation from Samsung Next, Intonation Ventures, NFT Investments PLC, and angels including Anton Bukov and Sergej Kunz, co-founders of 1inch Network; Alex Shin cofounder of Hashed, Korea’s largest Crypto VC; and more.
The company plans to use the new funding to accelerate product development as it gears up to launch its first product and tools.
Led by co-founder and CEO Jason Kim and Nikita Kolmogorov, Co-founder, and CTO, Big Whale Labs is using web 3 technologies to reimagine what digital identity, the social graph, and network could be. Their first product allows people to build and interact as pseudonymous NFT identities but with verified credentials and reputations attached to these NFTs. Their tool will be built on the Ethereum blockchain.