US-based Curio, an NFT platform for the entertainment industry, raised US$ 7M in an oversubscribed seed round on 13 May 2021. Curio has successfully launched multiple licensed auctions, drops, products, and new partnerships.
Investors: Fenbushi Capital, Kenetic Capital, Protocol Labs, LongHash Ventures, Picus Capital, entertainment industry veterans including Marc Geiger, CEO of SaveLive and former head of global music at WME and Rich Battista, former CEO of Time Inc. and former Fox Entertainment executive, invested in the company.
About Curio
Founded in 2021, Curio Digital is a marketplace for tokenized digital collectibles. It delivers a new universe to serve fans through digital collectibles, driven by state-of-the-art non-fungible token (NFT) technology. It has partnered with some of the biggest names in the entertainment industry. The startup aims to bring innovative, cutting-edge engagement opportunities to its fans, providing them with new ways to enhance their relationship with their favourite brands.
With this funding round, Curio has sealed several partnerships with leading collectible brands and content creators including the iconic collectible powerhouse, Topps, to produce NFTs from iconoclastic and cult classic Mars Attacks.
Some of the previous NFT releases by Curio include collections based on the American Gods (television series produced by Fremantle), the Concrete Park (graphic novel series published by Dark Horse Comics) and Universal Pictures’ Scott Pilgrim vs. the World. All the NFT drops from these collections sold out in a few minutes and the NFTs are now trading on Curio’s secondary marketplace. Curio launched content from the science fiction/fantasy-themed subversive comic book franchise, Heavy Metal this week.
What the CEO has to say: “Curio’s continued success is built on our ability to push technological boundaries, our expanding partnerships with iconic brands, and reaching broader audiences. We didn’t launch Curio to be another small fish in the NFT pond, we started this company to revolutionize how fans interact with and experience their favourite shows, characters, and stories.” — Curio CEO, Juan M. Hernandez.
What the investors have to say: “Curio’s innovative approach to bring fans and the brands they love closer together is bound to change the way entertainment is consumed and collected. Their rapid development of new partnerships in the film, television, music, and graphic novel space, and commitment to easing the barrier-to-entry sets them apart from others in the rapidly evolving NFT market.” — Emma Cui, CEO of LongHash Ventures.
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