Dapper Labs is now valued at $2.6 billion
Canada, March 30, 2021 /AlexaBlockchain/ – Dapper Labs, the company behind CryptoKitties and NBA Top Shot, has raised $305 million in latest funding round led by investment firm Coatue.
The funding featured several high-profile investors led by Michael Jordan and Kevin Durant.
Dapper Labs, which constructed the Flow blockchain for Top Shot NFT and the subsequent marketplace, said the money will allow the company to expand, bringing more sports, gaming and entertainment experiences to Flow and the NFT market.
“NBA Top Shot is one of the best demonstrations we’ve seen of how quickly new technology can change the landscape for media and sports fans,” Durant, who is involved through his company Thirty Five Ventures, said in a release. “We’re excited to follow the progress with everything happening on Flow blockchain and use our platform with the Boardroom to connect with fans in a new way.”
