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Venture Capital News: OpenSea Lands $300M in Series C Funding

2022-01-06
NEW YORK, NY, OpenSea, an NFT marketplace, has raised $300 million in Series C funding led by Paradigm and Coatue.
OpenSea raised $300 million in Series C funding at a $13.3 billion post money valuation. Paradigm and Coatue led the round with participation from new and existing investors.

OpenSea is the first and largest peer-to-peer marketplace for cryptogoods (like an eBay for crypto assets), which include collectibles, gaming items, and other virtual goods backed by a blockchain. On OpenSea, anyone can buy or sell these items through a smart contract.
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