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burnt.finance

https://burnt.finance/
Last activity: 17.01.2022
Probably Closed
Categories: Auction
Mentions
4

Overview

Location
United States, California, Solana Beach
Employees
11-50
Total raised
$11M

Funding Rounds 2

DateSeriesAmountInvestors
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May 6, 2021Funding round$3M

Mentions in press and media 4

DateTitleDescription
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May 6, 2021Banksy Burners Raise $3M to Build NFT Platform on SolanaThe people who burned a piece of artwork from street artist Banksy that was sold as a non-fungible token (NFT) are back. Burnt Finance has raised $3 million from Injective Protocol, Multicoin Capital, Mechanism Capital and others to build a...
May 6, 2021Could NFT auctions be moving away from Ethereum? One new group is betting they willNFTs were arguably already taking off when Beeple sold his NFT artwork for $69m. But another crypto project attracted attention when it bought an original Banksy artwork for $95,000. The group literally burnt the artwork and sold its NFT on...
May 6, 2021Burnt Finance Raises $3M in FundingBurnt Finance, a NYC-based fully decentralized auction protocol built on Solana to enable auctions, raised $3m in funding. Backers included Injective Protocol, Multicoin, DeFiance, Alameda, Mechanism, Vessel Ventures, Hashkey, Spartan, Do K...

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FAQ about burnt.finance

How much funding has burnt.finance raised?

burnt.finance has raised $11M in total across 2 funding rounds.

What funding rounds has burnt.finance raised?

Parsers VC lists 2 funding rounds of burnt.finance, among them a funding round of $3M on May 6, 2021.

What has the press written about burnt.finance?

Parsers VC has collected 4 articles mentioning burnt.finance, among them “Banksy Burners Raise $3M to Build NFT Platform on Solana” (May 6, 2021) and “Could NFT auctions be moving away from Ethereum? One new group is betting they will” (May 6, 2021).

Is burnt.finance still active?

burnt.finance is probably closed: its latest activity on Parsers VC dates from Jan 17, 2022.