USA – Syky, a New York-based provider of a luxury fashion platform, raised $9.5M in Series A funding.
The round was led by Alexis Ohanian’s firm Seven Seven Six with participation from Brevan Howard Digital, Leadout Capital, First Light Capital Group, and Polygon Ventures.The company intends to use the funds to accelerate growth and expand its business reach. Led by Alice Delahunt, Founder and CEO, Syky provides a blockchain-enabled luxury platform that will serve as an incubator, marketplace and social community for the next generation of designers and consumers to enable this digital-first generation to create, curate, share and trade their fashion collections. Syky is also releasing its first NFT, The Keystone, on January 20, 2023. The Keystone is a membership pass for fashion lovers, leaders and collectors who want to shape the future of fashion in digital, physical and augmented worlds. Keystone holders will have exclusive access to SYKY’s membership space, as well as special access to digital and physical fashion events. Additionally, holders will receive curated insights and in-depth reports in fashion and technology, as well as access to a network of like-minded creatives for collaboration and mentorship. They will also receive exclusive opportunities to designer collection drops, and advance notice of SYKY alpha & beta releases and partner projects. Alice Delahunt is the former Chief Digital & Content Officer at Ralph Lauren and Digital & Social Marketing Director at Burberry. She is joined by proven fashion and technology leaders including Roxanne Iyer, the company’s Chief Operating Officer. Jonathan Bennett is the Chief Technology Officer and brings extensive experience in luxury retail, Web3 architecture and all components related to its services from NFTs to payment systems. Rachel Crowther joins Syky as Creative Director. 17/01/2023
