Futures Factory: Raises $2.5M in Seed Funding

Futures Factory Raises $2.5M in Seed Funding

• Futures Factory, a French marketplace for selling sneakers, raised $2.5m in seed funding
• The round was led by Seedcamp and Stride with participation comes from the co-founders of Voodoo, Kima Ventures, RTP Global, along with technology, crypto, and fashion angel investors
• The company intends to use the funds to to build its product between September 2021 and March 2022
• FuturesFactory is a marketplace for selling sneakers, that merges both the physical and digital worlds through Augmented Reality (AR) and NFTs
• The startup will also offer a new demand-driven distribution model for footwear brands, allowing them to sell virtual sneakers via NFTs to finance the production of physical ones
• Its mission is to be the primary sneaker marketplace for both digital and future physical sneakers by 2025