Friday, 24 March, 2023

Genies hit $1B valuation after recent $150M funding

<p>LA-based digital avatar startup, Genies announced a fresh funding of $150M in their latest financing round led by Silver lake. The investment also saw participation from Bond, NEA and Tamarack Global. Along with the $65M investment in May 2021, the startup is now valued at $1B. Since the investment in May, Genies has focused more on web3 content, debuting a NFT storefront in collaboration with Dapper labs, creator of NBA Top Shot.&nbsp;</p>