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Dapper Labs Raising $13.5M in Equity Offering

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Dapper Labs, the creator of basketball collectible platform NBA Top Shot, is elevating $13.5 million in an fairness providing and is almost midway towards assembly the aim, based on a new regulatory filing.

  • The firm has raised $6.5 million thus far from one investor. Dapper began accepting investments on Nov. 22.
  • Sports non-fungible tokens (NFTS) are a booming space for investor assist. In September alone, Dapper closed a $250 million funding spherical at a reported $7.6 billion valuation, and European soccer NFT platform Sorare raised $680 million at a $4.3 billion valuation.
  • Since its founding in 2018, Dapper has raised a complete of $607.5 million in non-public funding, based on Crunchbase data.
  • Last month, Dapper signed a multiyear partnership with NBA star Kevin Durant’s sports activities media firm Boardroom. The firm additionally acquired influencer platform Brud and launched a unit specializing in decentralized autonomous organizations (DAOs).

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