Async Art, a Silicon Valley NFT platform, has secured over $2 million in seed funding from at least ten investors — highlighting the growing value proposition of programmable art.
The company announced the new raise on Wednesday, highlighting Async’s rapid growth since its Feb 2020 launch. In its first year of operations, Async generated over $1 million in art sales and launched a smart TV app to display digital art.
Although the company didn’t specify how it would use the funds, they indicated that onboarding new users and creating new displays were the primary focus. Async is also looking to expand its job openings. Currently, its LinkedIn page has openings for a community manager and application developer.
At least ten investors participated in the seed round: Lemniscap, Galaxy Interactive, Signum Growth Capital, Semantic, Blue Wire Capital, Collab+Currency, Inflection, Divergence Ventures, the LAO and Placeholder.
Async described programmable art as a “new movement” that allows creators to “deconstruct their work