Capsule Corp Labs, a Paris, France-based provider of a platform specialized in the creation and development of utility NFTs, raised €7.3M in Seed funding.
The round was led by Omnes Capital, Revam and Digital Finance Group, as well as French business angels from the Web3 ecosystem. The funding is completed by a €2.4m token sale from Ternoa ($CAPS), the parent company of Capsule Corp Labs. This amount is provided to the company as part of its development plan.
They intend to use the funds to widen its scale by strengthening its R&D and expanding its 30-person team.
Led by CEO Clément Téqui, Capsule Corp Labs develops NFT solutions for companies in all sectors, enabling them to integrate the value propositions of the Web3: ownership of data and digital assets, and integration and engagement of user communities. Launched in 2022, the startup is the main integrator of Ternoa, a layer-1 blockchain infrastructure. Open-source and decentralized, it provides developers with an independent framework to create utility NFTs.
FinSMEs
12/10/2022