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Tessera - Series A
Overview
Funding Date
August 17, 2022
Financing amount
$20M
Valuation
--
Catagory
Subcategory
About Tessera - Series A
Collective NFT ownership platform Fractional announced on Wednesday that it is rebranding to Tessera and has closed a $20 million Series A fundraising round led by Paradigm.
The round closed earlier this summer, according to a press release. Other investors include Uniswap Labs, E Girl Capital and Focus Labs, as well as more than 50 angel investors including DC Investor and Keyboard Monkey.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2018 | 83 | info@paradigm.xyz | ||
| Corporate | United States of America | 2018 | 23 | -- | ||
| Fund | -- | 2021 | 11 | -- | ||
| Fund | United States of America | -- | 12 | -- | ||
| Angel Investor | Unknown | -- | 3 | -- | ||
| Angel Investor | -- | -- | 3 | -- |
Founders & Team
Andy Chorlian
Shant Marootian
Company Profile / Project Introduction
Fractional is a decentralized protocol that enables collective ownership and governance of one or more NFTs. The tokens function as normal ERC20 or ERC1155 tokens which have governance over the NFT that they own.