NFT Startup Exclusive Closes $5M Funding Round Led by FC Basel Owner Holzmann and Tioga Capital
Quick take:
- The Lisbon-based company has also acquired the American metaverse development studio Polycount.
- The acquisition was made through a mixture of cash and shares.
- Exclusible plans to use the new funding to expand its team and build out its Web3 customer management product.
NFT startup Exclusible has raised $5 million in a funding round led by FC Basel owner Holzmann and Tioga Capital, The Block first reported.
Founded last October, Exclusible is an NFT platform that partners with luxury brands to digitize their products and launch NFT collections. Some of the clients include Asprey Bugatti, Christian Lacroix, Frederique Constant and Louis Monet.
Exclusive CEO Thibault Launay told The Block that the company plans to use the new funding to build out its web3 customer relationship management product, which will allow companies to use it to onboard customers, drive brand engagement and access chain data and analytics when selling or distributing NFT -is.
Along with the funding announcement, Lisbon-based Exclusive also revealed that it has acquired US metaverse development studio Polycount, which has worked with major brands including Asahi, OpenSea, McDonald’s and NBA team Utah Jazz.
All the details of the acquisition are being kept under wraps, but Exclusive shared that the deal was done through a mix of cash and stock.
In addition to helping brands launch NFTs, Exclusive is also helping brands create digital experiences in the metaverse via the acquisition of Polycount. Prior to the acquisition, the studio has already completed over 200 metaverse projects in more than 10 different metaverses.
Polycount claims that tt’s internal 3D studio consists of 16 skilled 3D architects with a background in classical architecture. With a track record of over 1,000 classical architecture projects, the studio decided to pivot 100% to digital projects during the pandemic.
“The Polycount team has established itself as one of the best Metaverse creative solutions providers in the world. Exclusive, the leading luxury, best-in-class NFT/Metaverse development, marketing and management team is the perfect match,” said Polycount CEO Michael Potts said in a statement: “The partnership between Exclusive and Polycount will bring together two world-class teams that are knowledgeable, talented and innovative in the Metaverse, Web 3.0 and XR space.”
By leveraging Polycount’s existing customer base, Exclusive will make a push into the US.
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