DNABLOCK Raises $7M Seed Round Led by Sfermion, Solana Ventures, Animoca Brands, and Non-Fungible Labs

Funding Rounds

Summary

LOS ANGELES, March 01, 2022--(BUSINESS WIRE)--DNABLOCK, a company developing tools for creator communities in the new decentralized medium of Web3, announced today that it has closed its second seed round of $7 Million led by blockchain gaming, NFT, and metaverse champions Sfermion, Solana Ventures, Animoca Brands, and Non-Fungible Labs, with participation from a diverse group of investors in Web3 including SoftBank Group’s SB Opportunity Fund, LD Capital, Haobo Zhao, CMT Digital, Gaingels, RareBreed, Alumni Ventures, Diverse Angels, Fenwick and West, Figure 8 Investments and Bill Silva. The end-to-end 3D virtual production tool empowers a new class of creators – distributed, pseudo anonymous teams of musicians, artists, writers, producers and directors – to build, perform and publish at the speed of Web3. REPLIKANT provides completely customizable AAA quality 3D avatars, creator friendly real-time animation tools that require no prior knowledge of 3D programming, and an expanding library of partner templates for music videos, cinematics and interactive experiences. REPLIKANT allows distributed teams to create bespoke, high-quality, digital 3D avatars, videos, games and even cinema-quality productions in the fraction of the time and cost of traditional animation and visual effect studios. This pipeline, combined with advanced machine learning, computer vision, natural language processing, and sentiment analysis, is our recipe for engaging, real-time, interactive, digital beings and the future of immersive entertainment.

$ Funding

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Amount $7.0M Total raised
Date March 1, 2022 Announcement date
Investors Animoca Brands Lead investors
Company https://www.dnablock.com Funded company

Classifications

industries
Entertainment
applications
Web Conferencing

AskAI Classifications

Labels
SaaS Blockchain Software Web3 Platforms

Linked Companies

Animoca Brands
$10M to $25M