June 04, 2024
Stashh Labs recently secured over $3.3 million in a fundraising round ahead of launching its latest NFT marketplace upgrade. The funding round involved participation from Animoca, 6th Man Ventures, Shima Capital, Hashkey Capital, and SFermion. Stashh Labs aims to enhance its NFT platform for creators and collectors across decentralized ecosystems.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Stashh Labs | $3.3M | June 04, 2024 | Venture | $3.3M | Animoca Brands | NFT |
As part of this mission, Stashh 2.0 was unveiled on Tuesday—an upgraded omnichain hub focused on SoFi NFTs. The new marketplace supports encrypted NFTs and introduces features like on-chain private content, access control, identity management, and unwrappable collectibles.
Stashh intends to utilize the recently raised funds to fuel the growth of Stashh 2.0. This involves expanding support for additional blockchain ecosystems, onboarding more creators, and introducing new messaging, gaming, and social features on the platform.
About Stashh Labs
Stashh Labs powers Stashh, an evolving omnichain hub for NFT creators and collectors. Their recent launch of Stashh 2.0 introduces a social-first platform where users can connect, discover, trade, and grow. Key features include Stashh Profiles (claim your unique ID, showcase collectibles, and track your NFT portfolio), Stashh Feed (real-time shares from collectors and creators), Stashh Levels (interact, buy/sell NFTs, and earn XP), Stashh Claimables (encrypted NFTs for public display or private collection), and Stashh Instants (instantly release on-chain images and videos). Decrypt locked media, trade Instants, and compete for the Leaderboard.
Website: https://stashh.io/
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About Investor
Investor: Animoca Brands
Animoca Brands is a company driving digital property rights through NFTs and gaming to build the open metaverse. They develop and publish a diverse portfolio of blockchain games, traditional games, and other products. Many of these offerings are based on popular global brands, including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. Animoca Brands is also an active investor, with over 150 investments in NFT-related blockchain companies such as Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Alien Worlds, and Star Atlas1. Additionally, Animoca Brands Japan, a strategic subsidiary, supports the global expansion of Web3 by collaborating with Japanese intellectual property holders and content creators2. Their mission is to contribute to the Web3.0 ecosystem by investing in blockchain technology, metaverse projects, and virtual currency wallets.
Location: Hong Kong
Website: https://www.animocabrands.com/
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