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Home World Regional News Europe

Spain’s Komon has closed a $2 million pre-seed round

Femi Thomas by Femi Thomas
06/01/2022
in Europe
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Komon Spain

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Madrid-based Komon announced that it has closed a $2 million pre-seed round ahead of the launch of its NFT-accessed online creative platform. 

Komon will allow fans to purchase an NFT to gain access to an exclusive online community for different artists.

Komon was founded by Sebastián Fernández-Medrano, who spent seven years in venture capital, as a former principal at Samaipata, a VC which invests in digital platforms, and computer scientist Manuel Bevilacqua, who worked at the likes of Capchase and Returnly.

They see NFTs as an opportunity to give artists verifiable ownership of their work and make some money from selling NFT key’s to join their exclusive “clubs.”

Both founders had artistic beginnings: Fernández-Medrano is a trained actor and Bevilacqua was a professional violinist.

Fernández-Medrano told Tech.eu that they will make their money by charging a commission on the price of the NFTs and expect to go live in the coming months. 

The pre-seed funding will be used to hire the team in Europe and the US.

Samaipata (Fernández-Medrano’s former company), Adara Ventures, Inveready, and Shilling are among the investors, as well as a number of business angels in the Web3 and artist-management worlds.

 

Read more on Tech Gist Africa:

Irish startup TransferMate secures €66M 

Polish startup, Nomagic picks up $22M for its e-commerce warehouse picking robots

French startup Moka.care raises in €15 million

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