Digital Fashion Platform Sknups Raises $3.5 Million in Pre-seed Funding

PARIS — Digital collectibles platform Sknups explained Thursday it experienced lifted $3.5 million in a pre-seed funding from angel investors and common money, including Redrice Ventures, Blue Wire Capital and Adelpha.

Pronounced “skin-ups,” the platform aims to give models and designers a scalable alternative to produce and distribute skins and collectibles for use in video games and electronic worlds.

Additional from WWD

“Brands and creators who want to build a scalable existence in digital worlds have to stability high-end with entry,” stated cofounder and chief government officer Fred Speirs, introducing that fashion in the metaverse need to be obtainable to a broader viewers to “communicate the transformative electricity of model and craftsmanship to the up coming era of followers.”

The London-dependent platform was founded in 2020 by Speirs, Luke Alvarez, founder of online games and metaverse venture funds fund Hiro Money game titles-tech innovator Alistair Hopkins, and Simon Small.

It provides expert services such as digital collectible creation, a selection of resources for distribution and sharing, as properly as activity integration.

Given that its tender launch in December 2021, Sknups has signed up digital artist Timo Rusall, rising streetwear signatures Benny Andallo and James Mack. It also unveiled a around the world gaming partnership with Italian label Dolce & Gabbana as section of its financial commitment announcement.

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L’Oréal’s Main Electronic Officer on Internet3 and the Metaverse

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