NFT platform Autograph raises $170 million in Series B funding

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Autograph, a sports and entertainment non-fungible token (NFT) platform created by American football player Tom Brady, announced Wednesday that it received $170 million in Series B funding. 

The crypto-focused investment firm Andreessen Horowitz (a16z) and the American venture firm Kleiner Perkins co-led the funding round. Additional participants include the venture firm 01A, Nicole Quinn from Lightspeed Partner and Katie Haun, who recently left a16z to run her own crypto fund. 

Haun will joining the Autograph board along with a16z general partner Arianna Simpson, Kleiner Perkins partner Ilya Fushman. Current Autograph board members include Autograph co-founders Richard Rosenblatt and Tom Brady, The Weeknd’s Abel Tesfaye and Sam Bankman-Fried among others. 

Autograph launched in April of 2021 to allow celebrities in sports, popular culture, fashion and entertainment to sell NFTs. Prominent figures using Autograph include Olympic gymnast Simone Biles, pro golfer Tiger Woods, baseball player Derek Jeter and the musician The Weeknd.

“Autograph has truly shown itself to be a rocketship in the past six months. Their NFT platform is delivering digital experiences that excite mainstream consumers, not just the crypto community,” said Arianna Simpson, general partner at a16z, in a release. 

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Source: https://www.theblockcrypto.com/linked/130880/nft-autograph-170-million-series-b-funding?utm_source=rss&utm_medium=rss