Freshly funded Dapper Labs buys venture-backed Brud

Dapper Labs, which last month announced a $250 million financing, has acquired Brud, a Los Angeles-based company that uses artificial intelligence to create digital personas.

Dapper Labs, which last month announced a $250 million financing led by Coatue Management, has acquired Brud, a Los Angeles-based company that uses artificial intelligence to create digital personas. No financial terms were disclosed. Vancouver-based Dapper Labs, a blockchain technology company, is the creator of NBA Top Shot. Brud was backed by Sequoia, Spark Capital, BoxGroup and other investors.

Check out Dapper Labs’ news here.