NFTPort is a technology company.
NFTPort has raised $26.0M across 1 funding round.
NFTPort has raised $26.0M in total across 1 funding round.
NFTPort has raised $26.0M in total across 1 funding round.
NFTPort's investors include Angels of Many, BITKRAFT Ventures, Brighter Capital, Electric Capital, Ethereal Ventures, General Catalyst, Hartmann Capital, Kindred Capital VC, Matrix, Mercury Fund, MetaProp Ventures, New Age Ventures.
NFTPort is a blockchain infrastructure company that provides developer-friendly APIs and tools for building NFT applications, acting as a "Stripe for NFTs" to simplify minting, data access, and smart contract deployment across chains like Ethereum, Polygon, and Solana.[1][2][3] It serves Web2 and Web3 developers, enabling them to integrate NFTs into apps without deep blockchain expertise, solving the problem of complex, time-intensive NFT development that previously took weeks or months.[1][2][3] With over 30,000 developer teams using it—including Nifty Gateway and Protocol Labs—and having facilitated over a million Polygon NFT mints by early 2022, NFTPort raised €25 million in Series A funding in 2022 from Atomico and Taavet+Sten, signaling strong growth momentum in the Web3 space.[2]
NFTPort emerged in early 2021 from the pivot of Sentinel, a cybersecurity startup founded around 2019 by a team with backgrounds at NATO, Nvidia, and in AI/deepfake detection.[3] Sentinel built an AI platform to combat deepfakes and disinformation, partnering with the Estonian Government, EU, YouTube, and DARPA, but pivoted due to unsustainable market timing for public-sector deepfake tech.[3] Co-founder Sten Tamkivi, also a Taavet+Sten partner, spotted the gap in developer-friendly NFT infrastructure amid the 2021 NFT boom driven by digital ownership in art, sports, and fashion.[2][3] Launched effectively in 2021 (though some sources note 2019 incorporation), it quickly gained traction: developers minted 10% of all Polygon NFTs via NFTPort by March 2022, accelerating from idea to product in days rather than months.[2][3]
NFTPort stands out in the crowded Web3 infrastructure market through its focus on simplicity, speed, and completeness for NFT development. Key strengths include:
NFTPort rides the Web3 shift toward digital ownership, where NFTs evolve from 2021 hype in art/sports to wrappers enabling user-controlled data amid Big Tech monopolies.[2][5] Its timing capitalized on the NFT explosion, Polygon scaling, and developer demand for accessible tools post-boom, positioning it as essential infra for decentralized apps in gaming, fintech, and marketplaces.[1][2] Market forces like multi-chain growth, regulatory clarity pushes, and Web2-Web3 convergence favor it, as devs seek plug-and-play solutions amid blockchain fragmentation.[1][3] By lowering barriers, NFTPort influences the ecosystem, accelerating NFT adoption and fostering innovation—e.g., enabling millions of devs to "ownify" the internet.[2][3]
NFTPort is poised to expand as NFTs mature into utility beyond collectibles, integrating deeper into AI, identity, and real-world assets amid blockchain scalability advances like layer-2s and cross-chain bridges.[2][3] Expect growth in supported chains, AI-enhanced tools (echoing founders' roots), and enterprise adoption, building on its €25M war chest and dev base.[2] Trends like decentralized data sovereignty and regulatory tailwinds could amplify its influence, evolving it from NFT specialist to core Web3 infra player—ultimately realizing its vision of a citizen-ownable internet.[5]
NFTPort has raised $26.0M across 1 funding round. Most recently, it raised $26.0M Series A in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $26.0M Series A | Angels of Many, BITKRAFT Ventures, Brighter Capital, Electric Capital, Ethereal Ventures, General Catalyst, Hartmann Capital, Kindred Capital VC, Matrix, Mercury Fund, MetaProp Ventures, New Age Ventures, Polygon, Third Prime, Woodstock Fund, Balaji Srinivasan, Matias Woloski, Maya Zehavi, Romain Lapeyre, Scott Belsky, Teck Chia |