Blockchain and AI startup mmERCH has completed a $6.4 million seed round financing, led by Liberty City Ventures
ChainCatcher news, according to Forbes, a fashion startup driven by artificial intelligence (AI) and based on blockchain technology, mmERCH, announced the completion of a $6.4 million seed round financing, led by Liberty City Ventures, with participation from 6529 Holdings LLC, Christie's Ventures, Flamingo DAO, Paxos CEO and co-founder Charles Cascarilla, Web3 investor Mike Jacobellis, collector and investor Daniel Maegaard (Seedphrase), American entrepreneur and model Karlie Kloss, luxury fashion designer and philanthropist Tory Burch, and the Web3 fashion alliance Red DAO.The company's founder and CEO Colby Mugrabis stated that this investment is a solid step towards the future, and the funds will be used to invest in proprietary technology upgrades, expand the team, and invest in subsequent product lines.
