Fuel, a Berlin, Germany-based provider of a platform that enables creators to build their own custom-branded NFT shop without any technical knowledge required, raised €1.5M in Pre Seed funding.
Backers included FintechCollective, Seedcamp, Notion Capital via Pioneers, Bitstamp CTO David Osojnik, Gumtree Co-founder Michael Pennington and Indeed founder Paul Forster.
The company intends to use the funds to expand operations and its business reach.
Founded by Csongor Barabasi, Thanh Binh Tran, Stefan Tietze and Patrice Deckert, Fuel provides a platform that enables creators to build their own custom-branded NFT shop without any technical knowledge required. They can launch, manage and grow their NFT collection using a broad range of tools integrated under the Fuel platform.
The company is already working with “Tomorrowland-DJs Mat.Joe and several other yet-to-be-announced top artists and labels, aiming to launch several NFT drops in the next couple of weeks.