Tally Labs strive to expand decentralized content ecosystem with $12M funding

cointelegraph.com:

Tally Labs, a Web3 media company that oversees the business operations and infrastructural software development of Jenkins the Valet — a fictional nonfungible token (NFT) project orientated around the life of a Bored Ape character — has announced a seed funding round to the value of $12 million.

The company has pledged to utilize the funds to expand the intellectual property and commercialization of Jenkins the Valet to a broader spectrum of entertainment mediums, as well as hire for six newly-posted United States/remote job roles.

The fund compiles a list of 19 investors, both venture capital and individual investors, who were consciously chosen for their wide-ranging expertise and knowledge, but crucially their affiliation with the principal values of Web3 and decentralized content creation.

Investors include the likes of a16z crypto, Sterling VC, Dapper Ventures, as well as Dapper Ventures CEO Roham Gharegozlou, Odell Beckham Jr and Allyson Felix, among others.

Safa, one of the two co-founders of Tally Labs alongside Valet Jones, reiterated the importance of a considered approach to funding in conversation with Cointelegraph, stating:

“I think capital in today's day and age is not incredibly difficult to come by, but we think it’s more so about who the money comes from, and we’ve feel that we’ve found the best group of people we could possibly ask for.”

Related: Jenkins the Valet founder wants to create a decentralized Web 3.0 content company

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According to Valet Jones, the growth of Tally Labs will serve as an “evolution of the story that exists” in