Pinata raised $21.5M to scale NFT media infrastructure

Pinata raised $21.5M to scale NFT media infrastructure

a year ago
Anonymous $33nAR-2OaA

https://techcrunch.com/2022/08/09/pinata-raised-21-5m-to-scale-nft-media-infrastructure/

Pinata, an NFT-focused media distribution platform, has raised a total of $21.5 million in funding, the company exclusively told TechCrunch.

This is the only capital the four-year-old company has raised to date. The total amount came from a recently closed $18 million Series A and $3.5 million seed round in 2021, Kyle Tut, co-founder and CEO of Pinata, said to TechCrunch. The Series A was co-led by Greylock and Pantera, and the seed round was co-led by Greylock and Offline Ventures. Other investors include Volt Capital, OpenSea and Alchemy.