NBA Top Shot creator Dapper Labs secures $305m: USA Today

Dapper Labs, a Vancouver-based blockchain technology company and the creator of NBA Top Shot, has raised $305 million in financing.

Dapper Labs, a Vancouver-based blockchain technology company and the creator of NBA Top Shot, has raised $305 million in financing, according to a report by USA Today. The round was led by Coatue Management, with participation from multiple investors, including current and former NBA players like Michael Jackson and Kevin Durant, rapper 2 Chainz, as well as 93 Ventures, AG Ventures, Dreamers VC and Sound Ventures. It brings Dapper’s total funding to $357 million and values the business at $2.6 billion.

Read the USA Today report here.