# Freeverse S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/freeverse-s-l

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.freeverse.io
- Total disclosed funding: $12M
- Latest round: Series A (May 9, 2022)
- Investors on record: 6

## About

Freeverse S.L. innovates within the blockchain ecosystem, specializing in solutions for the minting and management of digital assets like non-fungible tokens (NFTs). Their technology focuses on user-friendly, cost-effective asset creation.Founded in 2019, Freeverse S.L. is based in Barcelona, Spain. The company specializes in developing blockchain technology for digital asset management. The founders, Alessandro Siniscalchi, Athina Sismanidou, Fernando Estalella, and Toni Mateos, have contributed to the company’s strategic direction. Freeverse has successfully raised EUR 10 million in a Series A funding round on May 9, 2022, with investments from Earlybird Venture Capital, Target Global, Adara Ventures, 4Founders Capital, and Onefootball GmbH. This funding represents the total amount raised by the company as of now.Freeverse S.L. offers a comprehensive suite of products centered around its Layer 1 blockchain ecosystem, specifically focused on the minting and management of digital assets, including non-fungible tokens (NFTs). The core functionality revolves around its Bridgeless Minting feature, allowing users to create dynamic assets across various EVM-compatible chains without incurring gas fees. The platform is designed to integrate seamlessly with existing ecosystems such as Ethereum and Polygon, targeting developers and companies seeking efficient solutions for asset creation and management. Freeverse prioritizes user-friendly experiences, enabling applications in gaming, real-world asset tokenization, and NFT marketplaces, and serves a global clientele across North America, Europe, and Asia.In the most recent year, 2022, Freeverse S.L. generated revenue of EUR 232,951,118.90. The company reported an EBITDA of EUR -830,891,407.80 for the same year, reflecting its financial performance in the competitive blockchain market.Following the Series A funding raised in May 2022, Freeverse S.L. plans to enhance its go-to-market strategies and further develop its core technology. The funding will support initiatives aimed at launching new products designed for efficient digital asset management, while also facilitating expansion into new market regions. Freeverse targets growth in geographical areas such as North America and Asia, aligning its product offerings to cater to developers and businesses in these regions.

## Funding rounds

- Series A, May 9, 2022, $11M — Adara Ventures, Earlybird, Onefootball GmbH, Target Global, 4Founders Capital
- Seed, Jun 18, 2021, $1M — Adara Ventures, 4Founders Capital, Seedway Ventures

## Investors

- Adara Ventures (https://capitalatlas.ai/funds/adara-ventures) — Seed, Series A
- 4Founders Capital (https://capitalatlas.ai/funds/4founders-capital) — Seed, Series A
- Seedway Ventures (https://capitalatlas.ai/funds/seedway-ventures) — Seed
- Earlybird (https://capitalatlas.ai/funds/earlybird) — Series A
- Onefootball GmbH — Series A
- Target Global (https://capitalatlas.ai/funds/target-global) — Series A