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
