# Another-1

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/another-1

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.another-1.io
- Total disclosed funding: $0.3M
- Latest round: Seed (Mar 1, 2022)
- Investors on record: 2

## About

Based in Singapore, Another-1 is a web3 luxury fashion platform where users can build, collect, stake, and trade metaverse-ready digital fashion. The company's team members has experience ranges from NFT (Non-Fungible Token) and web3 development, traditional fashion industry design, and online community growth. It has cooperated with Animoca Brands, Crypto Avengers, TrustSwap, Kangaroo Capital, and other enterprises. In January 2022, Another-1 raised USD 25 million in seed funding from new investor Brinc.

By repurposing fashion products, Another-1 serves as a one-stop shop for a new transcending asset class that creates a dynamic ecosystem for hype beasts, designers, brands, and resellers. The main products are the encoded and encrypted AN1 NFC tags which can be embedded into t-shirts, hoodies, sneakers, toy, and other products. The AN1 Tags can also be scanned with any mobile phone with an NFC (Near Field Communication) reader. Users can use the NFC tags to unlock digital experiences such as Metaverse games, token-gated exclusive content, owner-only discounts, etc. 

The company generates revenue by offering the NFT related products.

## Funding rounds

- Seed, Mar 1, 2022, $0.3M — Brinc, Animoca Brands

## Investors

- Brinc (https://capitalatlas.ai/funds/brinc) — Seed
- Animoca Brands (https://capitalatlas.ai/funds/animoca-brands) — Seed