Doodles Raises $54M at $704M Valuation Led by Seven Seven Six

NFT project Doodles announced that it has raised $54M at a $704M valuation in a funding round led by Reddit co-founder Alexis Ohanian's Seven Seven Six, with participation from Acrew Capital, FTX Ventures and 10T Holdings. The fund raised will be used to acquire a team of engineers, creatives, marketers and business executives as well as to fund product development, acquisitions, proprietary technology, media, and collector experiences.