Los Angeles, CA-based Unblocked, also known as The Non Fungible Token Company (NFTCo), raised $10m in seed funding at a post-money valuation of $90+ million.
Backers included Tiger Global, Penske Media Corp. (which owns media properties including Billboard, Rolling Stone and SXSW), Electric Feel Entertainment (whose management clients include Post Malone and Lil Baby), Primary Wave Music, Dapper Labs, Oaktree Capital Management, Marcy Venture Partners (Larry Marcus, Jay Brown, Jay-Z), BAM Ventures, B Capital, M13, Defy VC, GFT Ventures, Crosscut Ventures, 21 Shares, and Sandbox Studios. Individual investors include Shawn Mendes, Roham Gharegozlou (founder, Dapper Labs), George Ruan (founder, Honey), Farhad Mohit (founder, Flipagram, Shopzilla), Brian Thomas (founder, Clutter) and Andrew Gertler (music manager).
Led by Co-founder and CEO Harrison Wang, Unblocked leverages non-fungible tokens (“NFTs”) to connect fan communities both online and in the real world with some of the biggest music and entertainment brands. In late-December, the company debuted its first launch in partnership with Primary Wave Music and multi-platinum hip-hop group Cypress Hill. Upcoming partnerships include brands under the PMC family, Evite, and other top-name artists and musicians.
The company continues to grow its internal team, recently adding former Linkin Park DJ Joe Hahn in a creative lead role.
FinSMEs
31/01/2022