Cricket NFT platform Faze raises $17.4 M from Tiger Global, Coatue, Sequoia others

Mumbai-based Faze Technologies, a platform that lets fans collect, use and play cricket via NFTs, has raised USD 17.4 million in a seed round led by Tiger Global, with participation from Coatue and Sequoia Capital India. Dapper Labs, Samsung Next, Courtside Ventures, as well as Vivek Ranadive's Bow Capital also participated in the round. The startup has formed a partnership with the International Cricket Council (ICC) to create exclusive digital collectables (using non-fungible tokens, or NFTs) for cricket to launch on the Flow blockchain.