mmERCH Revolutionizes Fashion with $6.4 Million Seed Funding
March 17, 2024, 2:06 pm
mmERCH
Total raised: $6.4M
mmERCH, a Web3 fashion startup, has secured a $6.4 million seed funding round, propelling the company into the spotlight with a post-money valuation of $25.7 million. Spearheaded by Liberty City Ventures, the investment consortium includes 6529 Holdings LLC, Christie’s Ventures, and Flamingo DAO, marking a significant milestone for the brand.
Founded by the visionary Colby Mugrabi, mmERCH has assembled a diverse team of innovators, blending art, fashion, and technology to create a unique community at the forefront of the industry. The upcoming debut of mmERCH’s inaugural collection in April 2024 promises a fusion of creativity, digital connectivity, and generative design, redefining the concept of ‘neo-couture.’
The funding round has attracted a stellar lineup of investors from various sectors, including prominent figures like Charles Cascarilla, Mike Jacobellis, and Karlie Kloss, underscoring the widespread appeal of mmERCH’s vision. With a focus on AI and blockchain technology, each item in the collection is a testament to authenticity and scarcity, bridging the gap between physical garments and their digital counterparts.
Colby Mugrabi’s enthusiasm for the future of fashion shines through as he emphasizes the company’s commitment to individuality, creativity, and community. The infusion of AI and blockchain sets mmERCH apart, offering a fresh perspective on self-expression and engagement within the fashion landscape.
As mmERCH gears up to revolutionize the industry, the investment will fuel the development of proprietary technology, expansion of the engineering team, and the creation of future collections. With a mission to redefine the essence of fashion in the digital age, mmERCH is poised to make a lasting impact on the world of haute couture.
In a world where innovation reigns supreme, mmERCH stands out as a beacon of creativity and authenticity, paving the way for a new era of fashion that transcends boundaries and embraces the limitless possibilities of Web3 technology. With a team of visionaries at the helm, mmERCH is set to shape the future of fashion, one groundbreaking collection at a time.
Founded by the visionary Colby Mugrabi, mmERCH has assembled a diverse team of innovators, blending art, fashion, and technology to create a unique community at the forefront of the industry. The upcoming debut of mmERCH’s inaugural collection in April 2024 promises a fusion of creativity, digital connectivity, and generative design, redefining the concept of ‘neo-couture.’
The funding round has attracted a stellar lineup of investors from various sectors, including prominent figures like Charles Cascarilla, Mike Jacobellis, and Karlie Kloss, underscoring the widespread appeal of mmERCH’s vision. With a focus on AI and blockchain technology, each item in the collection is a testament to authenticity and scarcity, bridging the gap between physical garments and their digital counterparts.
Colby Mugrabi’s enthusiasm for the future of fashion shines through as he emphasizes the company’s commitment to individuality, creativity, and community. The infusion of AI and blockchain sets mmERCH apart, offering a fresh perspective on self-expression and engagement within the fashion landscape.
As mmERCH gears up to revolutionize the industry, the investment will fuel the development of proprietary technology, expansion of the engineering team, and the creation of future collections. With a mission to redefine the essence of fashion in the digital age, mmERCH is poised to make a lasting impact on the world of haute couture.
In a world where innovation reigns supreme, mmERCH stands out as a beacon of creativity and authenticity, paving the way for a new era of fashion that transcends boundaries and embraces the limitless possibilities of Web3 technology. With a team of visionaries at the helm, mmERCH is set to shape the future of fashion, one groundbreaking collection at a time.