The NFT marketplace OpenSea has raised $23 million for its Series A funding round, according to a statement from the startup's CEO.
The round was led by the crypto-friendly VC firm Andreessen Horowitz. Mark Cuban, Naval Ravikant, and Metapurse—a fund from the pseudonymous NFT investor MetaKovan—have also made investments in the company.
Announcing our $23M Series A, led by @a16zhttps://t.co/WlM1tngJDH
— OpenSea (@opensea) March 18, 2021
The market for NFTs, or non-fungible tokens, has seen massive growth over the past few months, and OpenSea is just one of many companies riding the wave.
This story is being updated.