Web3 fashion startup mmERCH completes $6.4 million in seed round financing
mmERCH, a Web3 fashion startup that supports blockchain, announced the completion of a $6.4 million seed round of financing with a post-investment valuation of $25.7 million. The round was led by Liberty City Ventures, with participation from 6529 Holdings LLC, Christie's Venture Capital, and Flamingo DAO. The funds will be used to invest in the brand's proprietary technology stack, expand the engineering team, and invest in subsequent series, all with the aim of creating a modern brand and platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
EU crypto traders urged to convert non-compliant stablecoins to regulated ones as MiCA framework takes effect
Quick Take EU stablecoin users are urged to convert non-compliant stablecoins to regulated ones as the bloc’s MiCA regulation goes live. The new regulations prohibit stablecoins from exceeding one million daily transactions used to pay for goods or services, whether settled off-chain or on-chain.
![](https://img.bitgetimg.com/multiLang/image/social/457246a584fe2b9cd99dbc37a8c41fd91719852512389.jpg)
Mamori raises $5 million in Blockchain Capital-led seed funding
Quick Take The web3 security firm Mamori raised $5 million in seed funding led by the venture capital firm Blockchain Capital. Mamori aims to augment web3 security by developing an algorithm that can find issues in blockchain-based software.
![](https://img.bitgetimg.com/multiLang/image/social/ec6320c82045205c81122322cc67d7811719848192892.jpg)