Capsule Corp Labs Raises €7.3M In Seed Funding For Utility NFT Solutions

Capsule Corp Labs, a platform specialized in the creation and development of utility NFTs, has raised €7.3 million in seed funding. The funding was led by funds specialized in Web3: Digital Finance Group (DFG), Omnes Capital, REVAM and Ternoa ($CAPS).

Capsule Corp Labs supports start-ups in the identification of usage and the development of NFTs. The company provides a start-up studio and a Web3 consulting firm, which help projects to operate on the Ternoa blockchain.

The seed funding round led by expert investors in deeptech and Web3, follows Ternoa’s €8 million token sale in 2021. As the parent company of Capsule Corp Labs, which develops a blockchain specialized in utility NFTs. The funding allows Capsule Corp Labs to widen its scale by strengthening its R&D and expanding its 30-person team. 

Clément Téqui, CEO of Capsule Corp Labs and co-founder of Ternoa, said:

“We are delighted to have been able to finalize this fundraising with Omnes, a recognized player in the financing of Deep Tech projects requiring significant investments in R&D.”

In a difficult market context, we will be able to continue to invest in the development of tomorrow’s Web3 infrastructures with our unique value proposition: creating a bridge between Web2 and Web3 architecture,” Clément Téqui said in a statement shared with AlexaBlockchain. 

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