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The Redeem platform for transmitting NFT via SMS raised $2.5 m | NFT

The Redeem platform for transmitting NFT via SMS raised $2.5 million

The startup Redeem, which is developing a technology for buying and sending NFT using a phone number, has raised $2.5 million in a seed round of financing. The round was led by the venture capital firm Keenetic Capital. Among the participants: Monochrome Capital, VC3 DAO, The Fund, Flyover Capital, COM Digital, Prize Fund and the KESTREL0x1 fund of former Palantir employees.

The startup will allocate funds for the launch of the product in the second quarter of 2023 and its further improvement.