Pudgy Penguins Raises $9M in Seed Round Led by 1kx

NFT project Pudgy Penguins announced it has closed a $9 million seed funding round led by 1kx, with participation from Big Brain Holdings, Kronos Research and others. The funds raised will be used to scale its IP and team and enhance its offerings to the community.

Luca Netz, Chief Executive Officer of Pudgy Penguins, said: "Pudgy Penguins is more than just an NFT project – it is a transcendent IP brand that is providing a community of both crypto-native and non-crypto native consumers with enjoyable products, experiences, and content."