March 21, 2024
SAVAGE, a Web3 media company, has successfully secured $1.5 million in seed funding to further develop the creator economy. This funding round saw participation from several investors, including Faculty Group, Polygon Ventures, Morningstar Ventures, Ash Crypto, Terranova Ventures, Banter Capital, Vendetta Capital, VBC Ventures, and Top7ICO.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Category |
|---|---|---|---|---|---|
SAVAGE | Mar 21, 2024 | $1.5M | Seed | $1.5M | Web3 |
SAVAGE has established a significant presence in the media and entertainment sector by partnering with Samsung to launch a Smart TV app. This collaboration will extend their reach to over 30 million QLED TVs worldwide. The SAVAGE app is among the first Web3-enabled streaming platforms and supports streaming in 8K resolution, offering a high-quality viewing experience.
The platform is designed to support the creator economy by providing advanced tools for content creators. SAVAGE is also a launch partner for Samsung Highlights, a new short-form video app currently in beta. This app delivers content directly to the lock screens of Samsung mobile device users, providing a unique distribution channel that is not available in traditional Web2 or other Web3 platforms.
The newly secured funding will be used to enhance the platform's features and expand its user base. SAVAGE is focused on building a comprehensive ecosystem that supports content creators through advanced technology and strategic partnerships.
About SAVAGE
SAVAGE is a next-generation streaming app and creator ecosystem available on Samsung TV and mobile devices. The platform supports 4K and 8K video streaming and integrates blockchain technology to offer a secure and decentralized environment for content creators. By leveraging its partnerships and advanced technology, SAVAGE aims to redefine the future of digital content creation and distribution.
Website: https://savage.app/
X Account: https://x.com/thesavageapp
X Followers today: 10.5k
About Investor
Investor: Faculty Group
Description: The seed funding round was led by the Faculty Group. The round included investments from a total of 10 investors, contributing to a total raise of $1.5 million. Other notable investors in this round were Polygon Ventures, Morningstar Ventures, and Ash Crypto.
Location: United States
Website: https://www.faculty.group
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