# Pudgy Penguins

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pudgy-penguins

- Industry: Internet
- Headquarters: Miami, US
- Website: www.pudgypenguins.com
- Total disclosed funding: $9M
- Latest round: Seed (May 9, 2023)
- Investors on record: 5

## About

Based in Florida, US, and founded in 2021, LSLTTT Holdings LLC, doing business as Pudgy Penguins operates as an internet company that specializes in serving the needs of non-fungible token (NFT) collectors that create content, goods, toys, and digital collectibles for NFT enthusiasts. In May 2023, Pudgy Penguins raised USD 9 million in seed funding led by 1kx, with participation from Big Brain Holdings, Crit Ventures, Kronos Research, and Old Fashion Research.

Pudgy Penguins develops a platform based on blockchain technology and web3 IP software, with a focus on facilitating the trading of digital merchandise and non-fungible tokens (NFTs). The company's platform serves as a marketplace for crypto collectibles and NFTs, offering holders the opportunity to engage in live events, generate content utilizing their NFTs, monetize their intellectual property, and purchase physical toys, books, and merchandise related to the NFTs they own.

The company plans to use the May 2023 funding to expand its workforce and offers to its expanding audience and scale its intellectual property.

## Funding rounds

- Seed, May 9, 2023, $9M — 1kx Ventures, Kronos Ventures, Crit Ventures, Old Fashion Research, Big Brain Holdings

## Investors

- 1kx Ventures (https://capitalatlas.ai/funds/1kx-ventures) — Seed
- Kronos Ventures (https://capitalatlas.ai/funds/kronos-ventures) — Seed
- Crit Ventures (https://capitalatlas.ai/funds/crit-ventures) — Seed
- Old Fashion Research (https://capitalatlas.ai/funds/old-fashion-research) — Seed
- Big Brain Holdings (https://capitalatlas.ai/funds/big-brain-holdings) — Seed