Coinbase Ventures contributed to a $55m round for music-focused NFT platform developer Royal while neural search technology developer Jina AI raised $30m in an SAP-backed round.
Funding Royal, the US-headquartered operator of a non-fungible token (NFT) issuing service for musicians, has secured $55m in a series A round featuring Coinbase Ventures, the investment arm of digital currency exchange Coinbase. VC firm Andreessen Horowitz and crypto investment firm Paradigm co-led the round, which included musical artists The Chainsmokers, Nas, Logic and Kygo.…
The rest of this content is only accessible to Global Venturing Subscribers.
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
