Doodles, a web3, media & entertainment brand, raised $54M in first funding, at a $704M valuation.
The round was led by Seven Seven Six, with participation from 10T Holdings, Acrew Capital and FTX Ventures.
The company intends to use the funds to scale its growth strategy and monetize their IP globally through ventures in music, culture and entertainment industries, as well as to extend product development efforts via acquisitions and proprietary technology, media, and collector experiences.
Founded in 2021 by Dapper Labs alumni Evan Keast and Jordan Castro, along with world-renowned artist Scott Martin (Burnt Toast), and led by CEO Julian Holguin, and Chief Brand Officer Pharrell Williams, Doodles is a collection of 10,000 NFTs. In the next six months, the brand will launch several products, including their mainstream NFT experience meant for mass adoption. Doodles will be scouting top talent across various sectors such as creative, operations, and blockchain to help facilitate operations and streamline their roadmap.
Notable collectors include Justin Bieber, Future, Gary Vee, Snoop Dog, Fat Joe, Kygo, Diplo, Steve Aoki, Pranksy, and others. The board of directors include Evan Keast, Scott Martin, Jordan Castro, Julian Holguin, Katelin Holloway and Pharrell Williams.
FinSMEs
14/09/2022