Upshot Raises $22M Series A2 Led By Polychain To Accelerate Development Of Real-Time Nft Appraisals
Mar 22, 2022•over 3 years ago
Amount Raised
$22 Million
Round Type
series a
Description
Upshot, a blockchain-based protocol providing industry-leading non-fungible token (NFT) appraisals, today announced a $22 million Series A2 funding round led by Polychain Capital, the world's premier investor in cryptocurrency protocols and companies. Polychain joins previous investors Framework Ventures, CoinFund, Blockchain Capital, Slow Ventures, Mechanism Capital, and Delphi Digital, among others. Upshot is the first, and leading, technology company that can accurately and reliably appraise the value of digital assets like NFTs at scale. The company plans to use the funds for additional research and development for its pricing models and to build out its growing team
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech