Verse Raises $2.4M in Seed Funding

Verse, a London, UK-based NFT platform connecting collectors with artists, raised $2.4M in Seed funding.

Backers included Paul Forster, Ben Stephenson, Michael Daffey, Jeremy Hindle, Nick Shekerdemian and Venrex VC. 

The company intends to use the funds to expand operations and its business reach.

Co-founded by CEO Jamie Gourlay and CTO Augustinas Malinauskas, Verse offers collectors the opportunity to purchase NFTs using fiat currency Artworks are selected by gallerists, museum curators, critics and artists. The company is collaborating with twelve artists, curators, and creative tastemakers.

Verse releases NFTs in focused exhibitions that give leading artists the spotlight and create  a dynamic experience for discovering new work. Offerings reflect a wide range of price points, making Verse a resource for every kind of collector, including everyday enthusiasts of digital art.  

Reflecting its commitment to offering high quality NFT artworks, Verse has appointed former Tate curator  and art advisor Leyla Fakhr as Head of Exhibition Programming to spearhead collaborations with the curators who hand-select each exhibition. The London-based team of 13 also includes Ralph Lopes, a prolific NFT collector; Mimi Nguyen, leader of the Mana Lab blockchain research group at the Imperial  College London; and a range of blockchain, software, and security engineers. 

Verse’s first selling exhibition features 12 works by artists including: 

Tamar Clarke-Brown (Serpentine Galleries) 

Noah Davis, digital art and NFT specialist at Christie’s; 

Simon Denny, artist; 

Sofia Garcia (ARTXCODE); 

GrailersDAO, dedicated to collecting generative art; 

Tyler Hobbs, generative artist, creative coder, painter; 

Anika Meier, curator, art historian, author; 

Hammad Nasar (Herbert Art Gallery & Museum; Turner Prize); 

Andrew Renton (Goldsmiths, University of London); 

David Shrigley, artist; 

Elena Soboleva; digital art specialist; 

Elaine Tam, writer and curator.