May 26, 2024
Feature.io, a US-based Web3 entertainment studio and technology developer, announced the successful completion of its seed funding round. The financing was a collaborative effort involving investors such as 2 Punks Capital, ACME Innovation, Avalanche, InterVest, and Sterling VC. The company is poised to utilize these funds strategically.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Feature | $1.9M | May 26, 2024 | Seed | $1.9M | 2 Punks Capital | Social |
Founded on April 7, 2021, feature.io focuses on harnessing Web3 technology to offer interactive entertainment experiences to users. Their flagship product, Smart Content™ technology, seamlessly integrates interactive touchpoints within beloved content, connecting viewers with brands. Each interaction triggers automatic rewards, creating a revenue stream for both users and brands.
The funding will primarily support feature.io’s research and development efforts, further enhancing and promoting Smart Content™ technology. Additionally, the company aims to expand its presence in the Web3 entertainment market. Collaborating closely with investors, feature.io seeks to explore new business opportunities.
About Feature.io
Feature™ is an entertainment studio and technology company that’s pioneering the evolution of storytelling. They reimagine the way fans experience content by turning passive consumption into active participation through their Smart Content technology. Feature’s core product is Smart Content™ technology, which seamlessly integrates into streaming media. It enriches content with rewards and other benefits, creating a novel interaction between audiences and their favorite stories.
Website: https://www.feature.io/
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About Investor
Investor: 2 Punks Capital
Description: 2 Punks Capital is an early-stage investment fund run by Stephen Sullivan and Jacob Martin. They focus on companies building the next generation of blockchain technologies and applications, particularly in the areas of Web3, gaming, DAOs, and consumer blockchain technology. Their vision extends to a future where digital asset ownership is as significant as physical asset ownership. This begins today with “Consumer Crypto” in areas like art, fashion, collectibles, and entertainment. 2 Punks Capital plays a vital role in supporting innovative startups at the intersection of blockchain, technology, and entertainment.
Location: San Francisco, CA.
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