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Dapper Labs raises US$12 Million in new funding round by a syndicate of new investors

Fasken
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Overview

Client

Dapper Labs Inc.

On August 6, 2020, Dapper Labs has closed a $12 million new funding round from a syndicate of new investors. Existing investors participating include Samsung NEXT, Andreessen Horowitz including their Cultural Leadership Fund, Union Square Ventures, Venrock, Accomplice, Animoca Brands, and AppWorks, among others.

 

Vancouver based Dapper Labs is the company behind CryptoKitties and the Flow blockchain as well as upcoming titles like NBA Top Shot.The funding raised will be used to scale the Flow blockchain and deliver previously announced collaborations with Dr. Seuss, Warner Music and UFC, among others.

 

Fasken advised Dapper Labs Inc. with a team led by Mike Stephens and included Geoff Pedlow, Katie Peardon and Cathy Jares.

Team

  • Mike M. Stephens, Partner | Information Technology, Vancouver, BC, +1 604 631 3162, mstephens@fasken.com
  • Geoff Pedlow, Partner | Technology, Media and Telecommunications, Mergers & Acquisitions, Vancouver, BC, +1 604 631 4765, gpedlow@fasken.com
  • Katie Chandler, Partner | Information Technology, Vancouver, BC, +1 604 631 4860, kchandler@fasken.com