Azuki creator closes in on $30 million fundraise: sources

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Azuki creator closes in on $30 million fundraise: sources
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BREAKING: Azuki creator closes in on $30 million fundraise: sources

Chiru Labs, creator of the Azuki NFT collection, is closing in on a $30 million Series A raise.

The round comes just a week after fellow NFT project Doodles bagged $54 million from venture capitalists. Chiru Labs, the Los Angeles-based creator of the much-hyped Azuki NFT collection, plans to raise at least $30 million in an upcoming Series A funding round. Three people familiar with the fundraising effort confirmed the intended size of raise. One of those sources suggested that the bulk of the funds are already committed and that the round, if closed, would value Chiru at between $300 million and $400 million. A fourth person with knowledge of the deal cautioned that the details are yet to be finalized, but will be soon.

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