Learn more about the NFT Autograph platform
Non-fungible token (NFT) marketplace Autograph, co-founded by Super Bowl champion Tom Brady, has announced the closing of a $170 million funding round.
Andreessen Horowitz, or a16z, and venture capital firm Kleiner Perkin jointly led a $170 million Series B round with participation from crypto investor Katie Hawn’s firm, Lightspeed Venture Partners’ Nicole Quinn and San Francisco-based venture 01A, Autograph’s announcement on Wednesday said. The company said it plans to use the funds to scale its NFT technology and hinted at a number of partnerships aimed at expanding its user base.
In addition to the funding round, Haun, a16z general partner Arianna Simpson and Kleiner Perkins partner Ilya Fushman will join Autograph’s board of directors, while a16z general partner Chris Dixon will join the firm’s board of advisors. According to new members, Autograph will continue to push for the mainstream adoption of cryptocurrencies and NFTs.
Big news on the @Autograph front. We are pumped to add some really knowledgeable people in the Web3 space to our team. This thread from @cdixon includes some great context on our business. #ToTheMoon 🚀 https://t.co/Xsmws3KQ05
— Tom Brady (@TomBrady) January 19, 2022
Since its launch in August 2021, Autograph has partnered with big names in sports and entertainment, often for NFT collections. In December, Brady dropped from the NFT Combine a series of digital collectibles representing moments from his football career, including boots and a jersey. The marketplace also features NFTs from tennis star Naomi Osaka, skateboarder Tony Hawk, and more.
Andreessen Horowitz is behind some of the largest funding rounds for crypto and blockchain projects, as well as the creation of his own crypto-focused funds designed to increase the size and competitiveness of blockchain projects. The firm’s portfolio includes Coinbase, Compound, Maker, and many more.