Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm Mnemonic

Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm Mnemonic
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NFT knowledge agency Mnemonic has secured a $6 million seed extension spherical led by Salesforce Ventures. Other members of the fundraiser embody Polygon Ventures, Orange DAO, FIN Capital, and FJ Labs.

The newest capital infusion will likely be deployed to speed up the product roadmap of Mnemonic amid rising demand for deeper on-chain insights by increasing the suite of APIs.

Mnemonic’s CEO and Co-founder, Andrii Yasinetsky, revealed that the capital funds the corporate’s “ambitious vision to unlock Web3’s full potential” to drive “exceptional experiences, personalized rewards, and sticky communities for enterprises of all sizes.”
As a part of the deal, Salesforce plans to faucet Mnemonic’s expertise to energy its Web3-related CRM merchandise in a bid to help clients in making higher data-driven choices on vital features reminiscent of associate choice, Web3 product pricing, and viewers focusing on for airdrop.
Following the event, Laura Rowson, a senior affiliate at Salesforce Ventures, was quoted saying,

“Increasingly, we’ve seen a lot of interest from enterprises who want to understand and tap into Web3 to build trusted digital communities, and turn relevant data into actionable insights.”

The funding follows Mnemonic’s announcement of Polygon and Optimism help. The NFT intelligence supplier additionally added help for Coinbase’s Base testnet.
Mnemonic beforehand raised $4 million from Kenetic Capital, Monochrome Capital, Sound Ventures, and Tribe Capital, alongside angel traders Coinbase, IntoTheBlock, and People.ai., in a seed spherical introduced in December 2021.

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