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Digital Soccer Collectibles Platform Sorare Expected to Raise $532M in Funding
Summary: Digital soccer collectibles platform Sorare is expected to announce that it is receiving a record $532 million in funding, according to coindesk. The Paris-based company’s valuation could exceed $3.8 billion based on comments from three unnamed sources. The amount would represent the largest capital raise in the history of France's technology sector. Japanese investment firm ...
Digital soccer collectibles platform Sorare is expected to announce that it is receiving a record $532 million in funding, according to coindesk. The Paris-based company’s valuation could exceed $3.8 billion based on comments from three unnamed sources. The amount would represent the largest capital raise in the history of France's technology sector.
Japanese investment firm SoftBank is prepared to lead the funding round and Atomico, a U.K.-based venture firm, will also take part. Sorare raised $50 million in Series A funding in February, led by venture capital firm Benchmark.
By Amy Liu
Tags: Digital Collectibles,Funding,Sorare
Link: Digital Soccer Collectibles Platform Sorare Expected to Raise $532M in Funding [Copy]
