Web3 fashion startup mmERCH completes $6.4 million in seed round financing

mmERCH, a Web3 fashion startup that supports blockchain, announced the completion of a $6.4 million seed round of financing with a post-investment valuation of $25.7 million. The round was led by Liberty City Ventures, with participation from 6529 Holdings LLC, Christie's Venture Capital, and Flamingo DAO. The funds will be used to invest in the brand's proprietary technology stack, expand the engineering team, and invest in subsequent series, all with the aim of creating a modern brand and platform.