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Briefing

Shopify joins US$24M Series A for Thirdweb

Haun Ventures—the new fund of former Andreessen Horowitz partner and U.S. federal prosecutor Kathryn Haun—led the round. Other investors included Coinbase Ventures and Golden State Warriors owner Joseph Lacob. (The Logic)

Briefing

Shopify joins US$24M Series A for Thirdweb

By Murad Hemmadi
Aug 25, 2022
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Haun Ventures—the new fund of former Andreessen Horowitz partner and U.S. federal prosecutor Kathryn Haun—led the round. Other investors included Coinbase Ventures and Golden State Warriors owner Joseph Lacob. (The Logic)

Talking point: San Francisco-based Thirdweb makes tools that developers can use to build their NFT marketplaces, games and decentralized finance protocols across blockchains. Its platform can also be used for token gating, which allows stores to offer exclusive product drops and experiences to customers who hold specific NFTs. Shopify introduced that functionality for its merchants in June. The Ottawa-headquartered commerce company has made at least two Web3 venture investments in as many months. Shopify also made an undisclosed strategic investment in music NFT app Single in July.

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