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OWND Raises US $ 7,50,000 To Launch Its Fashion Platform

Copenhagen start-up OWND has secured US $ 7,50,000 in pre-seed funding to launch its fashion NFT platform, which aims to offer customers exclusive benefits such as physical items, in-person meet-ups and more.

The pre-seed round was co-led by Nordic VCs by Founders and Skyfall, with participation from Steel DAO, a blockchain tech community funded by Bessemer Venture Partners. Unlike competitors OpenSea and Looksrare, OWND’s clothing NFTs are handpicked by its team from major brands like Nike, Adidas and Gucci.

The platform is set to launch in April 2023, with the added ease of access allowing customers to buy OWND NFTs using Apple or a credit card. Co-founders Anker Bach Ryhl and Mads Lunau Liechti created OWND after encountering too many obstacles on crypto platforms.

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