AcknoLedger raises $1.53M in initial seed and private sales

acknoledger funding

AcknoLedger, a global consortium that maps, monetizes, and distributes Web 3.0 digital assets, announced that it has raised $1.53 million in initial seed round and private sales from a slew of more than 30 venture capital investors.

The round saw participation from Momentum 6, Basics Capital, Krypital Capital, Shima Capital, Magnus Capital, X21, Mayor Capital, Mahadao, Gain Associates, NFT Tech, Oasis Capital, Amesten, Nord finance, Blockventure, AU21, Synapse Network, RedHat Capital, Pro starter, Kardia Ventures, Baselayer Venture, and Zbs capital, along with investors like Carl Runefelt and Evan Luthra.

AcknoLedger co-founders Yash Dahenkar, Abhishek Singh Rajpurohit, and Kuntal Ganguly said the latest capital infusion is validating as they strongly believe in the Metaverse & Gaming NFT space and the potential it holds for the future.

“We are excited to receive the trust and backing of experienced blockchain investors,” the startup said.

The six-month-old startup said it is ready to emerge from stealth mode in October 2021.

Established in April 2021, AcknoLedger is indexing all the Non-fungible Tokens (NFTs) across gaming, metaverses, and NFT marketplaces to help NFT collectors make informed decisions. Its content is marketed and distributed across various metaverses by mapping interoperability and exploring trading opportunities for institutional and retail investors.

The startup is planning further expansion via partnerships with fintech companies next year and is optimistic about market opportunities.

“Metaverse and gaming have been intertwined since the start, but metaverse is much more than just a game. The industry is huge and one driving factor is that several traditional banks are supporting and adopting the technology,” AcknoLedger stated in a release.

Serial entrepreneur and angel investor Evan Luthra said, “(I am) very happy to support AcknoLedger as I believe metaverses and NFTs are the future and AcknoLedger is fixing a unique problem in a space with high potential to grow.”

AcknoLedger seems to have positioned itself well in the market in just a short time since its launch. I’m sure the company will continue to prosper in its journey ahead. My best wishes to the team of AcknoLedger.

Shishir Gupta, Founder and CEO, StartupLanes

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