Style Protocol Raises $2.5M to Expand Virtual Reality Gaming Platform

STYLE Protocol Closes $2.5M Seed Funding

Style Protocol Raises $2.5M in Seed Funding

Key Highlights:

  • Seed Funding: Style Protocol, a company based in Zug, Switzerland, raised $2.5 million in seed funding.
  • Investors: Backers include Morningstar Ventures, Dutch Crypto Investors, GBV Capital, Protocol Labs, and Alpha Ventures.
  • Expansion and Development: The funding will be used to expand operations and development efforts.

Style Protocol's Target Market

  • Target Market: Gamers and virtual reality enthusiasts looking to transcend identity across different virtual worlds.
  • Virtual Reality and Metaverse: Individuals interested in the emerging field of virtual reality and the metaverse.
  • Interoperability and Adoption: Players and developers seeking enhanced interoperability and seamless integration of NFTs and virtual assets across various games and platforms.

What Style Protocol Needs to Buy

  • Technology and Development Partnerships: Collaborations with technology companies and developers to enhance the platform's capabilities and expand its offerings.
  • Marketing and Community Building: Services to promote the platform and build a strong community of users and developers.
  • Strategic Partnerships: Partnerships with gaming companies and virtual reality hardware manufacturers to drive adoption and integration.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.