Andreessen Horowitz Leads $ 23 Million NFT Marketplace OpenSea Investment Round

OpenSea’s NFT marketplace raised $ 23 million in a Series A round. It is led by Silicon Valley’s leading venture capital firm Andreessen Horowitz (a16z).

Announcing our $ 23M Series A, led by @ a16z https://t.co/WlM1tngJDH

– OpenSea (@opensea) March 18, 2021

Other investors include Mark Cuban, Naval Ravikant, Belinda Johnson and others. The funds raised by the NFT-marketplace will be used to scale up its activities.

A16z earlier round of financing led the Serie A Ethereum-tier solutions Optimism at $ 25 million . Prior to that, the venture capital firm invested in a startup called Celo.

As a reminder, from February 4 to March 4, the NFT trading volume on the 12 largest platforms amounted to a record $ 480 million .

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