Quantum Temple, a Miami, FL-based provider of a Web3 platform dedicated to preserving cultural heritage, raised $2M in Pre-Seed funding.
The round was led by Borderless Capital, with participation from Algorand Foundation, Outliers Fund, Shima Capital, New Moon Ventures, and NxGen.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by CEO Linda Adami, Quantum Temple uses blockchain technology and non-fungible tokens (NFTs) to preserve cultural heritage and facilitate equitable exchanges between collectors and ancestral communities. With the help of a multidisciplinary team of advisors, the company has created a decentralized platform that documents and funds expressions of cultural heritage through digital, physical, and experiential NFTs. By taking on the important task of preserving the knowledge and traditions of at-risk ancestral communities, Quantum Temple is helping to ensure that these cultural expressions are not lost due to inequitable wealth distribution, conflict, and forced migration.
FinSMEs
12/01/2023