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Dapper Labs raises over US$250 million in new funding round

Fasken
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Overview

Client

Dapper Labs Inc.

On September 22, 2021, Vancouver-based Dapper Labs, Inc. announced their US$250 million new funding round led by Coatue and existing investors a16z, GV, Version One Ventures and two new investors BOND and GIC.

Dapper Labs is the company behind NBA Top Shot and Flow Blockchain. They use blockchain technology to bring NFTs and other forms of digital engagement used by fans worldwide. The investment will be used to scale their Top Shot fan experience, offering even greater sports, entertainment and music blockchain experiences to consumers on Flow blockchain.

We advised Dapper Labs with a team led by Mike Stephens, Geoff Pedlow and Katie Peardon, and included Lindsay Clark, Rasmeet Mohar and Mark Hughes (Corporate Finance).

Jurisdiction

  • British Columbia

Team

  • Mike M. Stephens, Partner | Information Technology, Vancouver, BC, +1 604 631 3162, mstephens@fasken.com
  • Geoff Pedlow, Partner | Technology, Media and Telecommunications, Mergers & Acquisitions, Vancouver, BC, +1 604 631 4765, gpedlow@fasken.com
  • Katie Chandler, Partner | Information Technology, Vancouver, BC, +1 604 631 4860, kchandler@fasken.com
  • Lindsay Clark, Counsel | Information Technology, Vancouver, BC, +1 604 631 4808, lclark@fasken.com
  • Rasmeet Mohar, Associate | Corporate/Commercial, Vancouver, BC, +1 604 631 3218, rmohar@fasken.com