Company profile

Magic Eden

Magic Eden has raised a total of $157 million across five funding rounds, reaching a $1.6 billion valuation as of June 2022. Founded in 2021 and headquartered in San Francisco, the NFT marketplace enables users to discover, trade, and create digital assets across multiple blockchains. Its $130 million Series B round in June 2022, led by Electric Capital and Greylock, is driving expansion into multi-chain capabilities and platform innovation. Backed by investors like Paradigm, Sequoia Capital, and Alameda Research, Magic Eden continues to lead growth in the global NFT ecosystem.

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Quick facts

Total funding: $157 million
Valuation: $1.6 billion
Founded: 2021
Headquarters: San Francisco

Notable investors

Sequoia Capital
Alameda Research
Electric Capital
Greylock

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