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      Loot Labs's Logo

      Loot Labs - Pre-Seed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      May 26, 2023

      Financing amount

      $1.5M

      Valuation

      --

      Category

      Web3 NFTs

      Subcategory

      Gaming

      About Loot Labs - Pre-Seed

      Loot Labs, a company led by former Cool Cats leaders, has successfully obtained $1.5 million in pre-seed funding for the launch of Boxed.gg, a web3 loot box platform. BITKRAFT Ventures led the funding round, with participation from Polygon Ventures, Mechanism Capital, Lofty Ventures Syndicate, and video game streamer Hammoudi Yassuo Abdalrhman. The secured funds will be allocated towards product development, marketing efforts for the Boxed platform, and establishing partnerships to enhance community engagement with existing assets.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund United States of America 2017 60 --
      Corporate United States of America 2017 138 --
      Fund United States of America 2020 101 --
      Fund United States of America 2015 1 --
      Angel Investor United States of America -- 1 --

      Founders & Team

      Milan Harris's Logo

      Milan Harris

      Company Profile / Project Introduction

      Loot Labs make the most exciting ways to buy, sell and trade digital collectibles. It is led by former Cool Cats leaders. The aim of Loot Labs is to expand the loot box model by offering an enjoyable and fair experience in acquiring digital collectibles. The company adopts a player-centric approach by providing mystery boxes that cater to specific user preferences, while introducing high levels of transparency and accountability. Loot boxes are virtual treasure chests commonly found in video games, offering players an opportunity to obtain rare or desirable in-game items such as skins, weapons, and mods. These enhancements can be acquired through gameplay or purchased using real or in-game currency.

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      *Fundraising Announcement: Click here