Zharta raises €4.3 million in seed round

  • ECO News
  • 20 July 2022

Zharta had initially raised an acceleration round of $300.000 from angel investors, and now receives new capital "to fuel the company's next phase of growth."

Zharta, creator of a lending protocol for instant NFT collateralized loans, has raised $4.3 million in a seed round with the purpose to accelerate its growth, in a round led by Greenfield One, with participation from Shilling Capital, Possible Ventures, SpaceShipDao, UniwhalesDao, Clever, Olisipo Way and other business angels.

“We are very pleased to be able to support Zharta as lead investor in bringing this great NFT use case to market quickly,” David An, partner at Greenfield One, said in a statement.

Led by entrepreneurs Nuno Cortesão, Diogo Pires and Pedro Granate, Zharta had initially raised an acceleration round of $300.000 from angel investors, and now receives new capital “to fuel the company’s next phase of growth.”

Doodles, Mutant Ape Yacht Club, Bored Ape Kennel Club, World of Women, VeeFriends, Cool Cats, Hashmasks, Pudgy Penguins are some of the NFT collections already available on the platform and more will be added in the “near future”, guarantees Nuno Cortesão, founder and CEO of Zharta.

The funds will be allocated primarily to customer demand, as well as to the areas of R&D, sales and marketing. “The goal is to accelerate market penetration and expand rollouts to improve the instant lending platform,” the company informs. To implement these objectives they will hire 20 new employees, who will join the current team of 12.