Social platform for NFT communities Hyy.pe said it raised $2 million in its latest funding round led by Elevation Capital. The Bengaluru-based startup had earlier raised $1.5 million from Electric Capital.
Angel investors, including Ryan Adams and David Hoffman (Founders, Bankless), Santiago Roel Santos (Ro Capital), Matt Kalish (Co-founder, DraftKings), Cuy Sheffield (Head of Crypto, Visa), and Farid Ahsan (Co-founder, ShareChat), also participated in the round.
According to a press statement, the NFT-focused startup will use the funds to scale the platform, strengthen the product, and grow its team.
