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American NFT marketplace Bubblehouse raises $9 mn

26 May '22
2 min read
Pic: Bubblehouse/Twitter
Pic: Bubblehouse/Twitter

US-based Bubblehouse, a NFT social marketplace, has received $9 million in seed funding led by Cassius Family, joined by Third Kind VC, SV Angel, Kima Ventures, Watertower Ventures and Ocho Capital. The round was supported by angel investors including Steve Aoki and David Guetta, among multiple other celebrities.

With this seed funding, Bubblehouse plans to expand its accessible marketplace and portfolio of partners across brands, art, athletics, hospitality, music, fashion, and influencer categories to establish Bubblehouse as the mainstream platform for creators and collectors to easily enter Web3 and provide value to NFT holders.

Bubblehouse reported that over 500,000 NFTs have been collected in just two months. Creators and collectors can purchase Bubblehouse NFTs on ETH or Polygon (with more chains to be supported), and notably users do not need crypto expertise to discover, collect, and make money selling digital NFTs because purchases can be made simply via credit card or crypto.

"We want to take the NFT experience and make it accessible and valuable for all. Providing a platform where creators and collectors can easily enter Web 3 is key to this broader adoption. We want this new world to be fun, artistic, lucrative, social, and more," shared co-founder Rohan Sinha.

Additional angel investors include Vivi Nevo, Moonpay co-founder, Ivan Soto-Wright, GoPuff co-founders, Rafael Ilishayev and Yakir Gola, Highsnobiety founder, David Fischer, hospitality mogul, David Grutman, and Sweetgreen CEO, Jonathan Neman.

The company has partnered earlier with fashion brands Altuzarra, Markarian, and Vaquera to launch its first NFTs during February New York and Paris Fashion Weeks. Integrating collectable NFT experiences into their shows, Altuzarra, Markarian, and Vaquera surprised guests with limited edition, brand-inspired NFTs available exclusively on Bubblehouse via a special QR code on site.

Fibre2Fashion News Desk (HO)

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