Samreen Ahmad · · 1 min readIreneDAO creator’s startup raising funds at $100m valuation
So-Col (Social Collectables), the startup co-founded by crypto influencer Irene Zhao, is raising fresh funds at a valuation of US$100 million in a round led by Blockchain Capital, The Block reported, citing sources.
The size of the round was not disclosed as discussions are still on.
So-Col had raised US$1.75 million in a seed round co-led by DeFiance Capital and Animoca Brands in February.
Zhao is the influencer behind IreneDAO, an NFT project that had raised US$5.58 million within 10 days of its launch.
Co-founded by Zhao and Benjamin Tang, So-Col aims to make Web3 accessible, affordable, and more eco-friendly for everyone.
Editing by Kul Bhushan and Arpit Nayak
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