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Venture Capital News: LAGO Nabs $4.2M Pre-Seed Financing Round

2022-03-17
NEW YORK, NY, LAGO, the developers of minted art displays, has raised $4.2 million in pre-seed funding.
Established in May 2021, LAGO is the most elegant NFT display frame on the market. The announcement comes after LAGO opened orders for the Founders' Edition Frame to the public on March 15th.

A testament to their innovation within the industry, LAGO's pre-seed fundraise saw participation from heavyweights in Web3 such as Ian Rogers, Chief Experience Officer of Ledger, Jehan Chu, Founder of Kenetic Capital, as well as Mariano Conti of DeFi Capital and MakerDAO, James Ho, Director of Strategic Partnerships at Animoca, and 888, one of the largest NFT collectors in the world.

The LAGO minted art display frame was designed to seamlessly bridge the traditional and digital art world. Co-founders Jonathan Levine (Master & Dynamic), Scott Gralnick (Portis), and Dan Merritts (newrow_, Kno, Zenprise) saw the industry lacked an elevated fixture to display minted works of art in an interactive way. They created LAGO with the goal of enjoying digital art in a way that does the works justice, whilst connecting collectors directly to artists they'll love.
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